ASML Holding (ASML) has released an update.
ASML Holding reported strong third-quarter results, with net sales of €7.5 billion and a net income of €2.1 billion, surpassing previous guidance. The company anticipates significant growth, projecting net sales of around €28 billion for 2024 and between €30 billion and €35 billion for 2025. Despite challenges in the semiconductor market, ASML remains optimistic, expecting its advanced lithography systems to continue driving demand.
For further insights into ASML stock, check out TipRanks’ Stock Analysis page.