ASML Holding (AMS:ASML) Second Quarter 2024 Results
Key Financial Results
Revenue: €6.24b (down 9.6% from 2Q 2023).
Net income: €1.58b (down 19% from 2Q 2023).
Profit margin: 25% (down from 28% in 2Q 2023). The decrease in margin was driven by lower revenue.
EPS: €4.01 (down from €4.93 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ASML Holding Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe.
Performance of the market in the Netherlands.
The company’s shares are down 15% from a week ago.
Risk Analysis
Be aware that ASML Holding is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning…
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