“We expect fourth-quarter total net sales between EUR 8.8 billion and EUR 9.2 billion with a gross margin between 49% and 50% which includes the recognition of the first two High NA systems upon customer acceptance, reflecting progress on imaging, overlay and contrast. ASML expects R&D costs of around EUR 1.1 billion and SG&A costs of around EUR 300 million. We expect full-year 2024 total net sales of around EUR 28 billion. Based on the recent market dynamics as mentioned above, we expect our 2025 total net sales to grow to a range between EUR 30 billion and EUR 35 billion, which is the lower half of the range that we provided at our 2022 Investor Day. We expect a gross margin between 51% and 53%, which is below the range we then provided, mainly related to the delayed timing of EUV demand,” said ASML President and Chief Executive Officer Christophe Fouquet.
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