ASML reports Q2 EPS EUR 4.93 vs EUR 4.96 in Q1

Reports Q2 revenue EUR 6.9B vs EUR 6.75B in Q1. “Our second-quarter net sales came in at EUR 6.9 billion, at the high end of our guidance, with a gross margin of 51.3%, higher than guided, primarily driven by additional DUV immersion revenue in the quarter. Our customers across different market segments are currently more cautious due to continued macro-economic uncertainties, and therefore expect a later recovery of their markets. Also, the shape of the recovery slope is still unclear. However, our strong backlog of around EUR 38 billion provides us with a good basis to navigate these short-term uncertainties,” said ASML President and Chief Executive Officer Peter Wennink.