ASML Reports Strong Q1 Earnings and Positive Full-Year Guidance
ASML Holding N.V. (NASDAQ: ASML) announced its first-quarter earnings on April 15, 2023, revealing a 13% year-over-year revenue increase to €8.77 billion ($10.38 billion), exceeding expectations by €110 million. The earnings per share rose by 19% to €7.15 ($8.46), surpassing analysts’ forecasts by €0.54.
Looking ahead, ASML projects full-year revenue between €36 billion and €40 billion ($43 billion to $47 billion), up from a previous estimate of €34 billion to €39 billion. This guidance aligns with analysts’ expectations for 19% growth and corresponds with its forecasted gross margin of 51%-53%, slightly lower than 52.8% in 2025.
As a key player in the semiconductor industry, ASML’s optimistic outlook could bolster the tech-heavy Nasdaq, indicating continued strength in AI and semiconductor markets.
