ASML reports Q4 EPS EUR 5.21 vs. EUR 4.81 in Q3

Reports Q4 revenue EUR 7.24B vs. EUR 6.67B in Q3. Reports Q4 net bookings EUR 9.19B vs. EUR 2.6B in Q3. The company said: “ASML achieved another strong year in 2023 with 30% growth, ending with total net sales for the year of EUR 27.6 billion, a gross margin of 51.3% and a backlog of EUR 39 billion. We shipped the first modules of the first High NA EUV system, EXE:5000, to a customer before the end of the year. The semiconductor industry continues to work through the bottom of the cycle. Although our customers are still not certain about the shape of the semiconductor market recovery this year, there are some positive signs. Industry endmarket inventory levels continue to improve and litho tool utilization levels are beginning to show improvement. Our strong order intake in the fourth quarter clearly supports future demand.”