ASML Holding NV mentioned Wednesday that first-quarter web gross sales and gross margin beat steerage resulting from larger than anticipated excessive ultraviolet and deep ultraviolet income, however that web bookings dropped.
The Dutch producer of
ASML,
ASML,
lithography techniques for the semiconductor business mentioned that web earnings was 1.95 billion euros ($2.14 billion) in contrast with EUR1.82 billion a yr earlier.
Web gross sales for the primary quarter had been EUR6.75 billion in contrast with EUR6.43 billion a yr earlier.
Web bookings for the quarter had been EUR3.75 billion in contrast with EUR6.32 billion a yr prior.
“We proceed to see blended alerts on demand from the completely different end-market segments because the business works to carry stock to extra wholesome ranges. Some main clients are making additional changes to demand timing whereas we additionally see different clients absorbing this demand change, notably in DUV at extra mature nodes. The general demand nonetheless exceeds our capability for this yr and we at present have a backlog of over EUR38.9 billion,” Chief Government Peter Wennink mentioned.
For the second quarter, ASML sees web gross sales between EUR6.5 billion and EUR7.0 billion and a gross margin between 50% and 51%.
ASML expects 2023 web gross sales to develop over 25% in contrast with 2022.
The corporate declared a complete dividend for 2022 of EUR5.80 per abnormal share.
Write to Kyle Morris at kyle.morris@dowjones.com