ASML Reports €7.5B Net Sales And €2.1B Net Income In Q3 2024; Q3 Net Income Of €2.08B Beats €1.89B Consensus; Q3 Gross Profit Margin Of 50.8% Versus 50.6% Expected; Expects Q4 Net Sales Between €8.8B And €9.2B; Anticipates Q4 2024 Gross Margin To Range Between 49% And 50%
Portfolio Pulse from Benzinga Newsdesk
ASML reported strong Q3 2024 financial results, with net sales of €7.5 billion and net income of €2.1 billion, surpassing consensus estimates. The company also provided positive guidance for Q4 2024.
October 15, 2024 | 3:02 pm
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ASML's Q3 2024 results exceeded expectations with net income of €2.1B, beating the €1.89B consensus. The company also provided a positive outlook for Q4 2024.
ASML's Q3 2024 net income exceeded analyst expectations, which is likely to positively impact the stock price. The company's positive guidance for Q4 further supports a bullish outlook.
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