ASML Expects Q2 Total Net Sales Of €5.7B-€6.2B; Sees Gross Margin Between 50%-51%; Reiterates 2024 Outlook
Portfolio Pulse from Benzinga Newsdesk
ASML anticipates Q2 2024 net sales to range from €5.7B to €6.2B with a gross margin of 50%-51%. The company also reaffirms its 2024 sales outlook to align with 2023 figures.
April 17, 2024 | 5:20 am
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ASML expects Q2 2024 sales of €5.7B-€6.2B with a gross margin of 50%-51%, and reaffirms its 2024 outlook to match 2023.
The positive sales forecast and stable gross margin projection for Q2 2024, along with the reaffirmation of the 2024 outlook, suggest a strong performance and operational stability. This is likely to foster investor confidence and could lead to a positive short-term impact on ASML's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100