“Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall”
April 22, 2024
“…ASML’s stock was down around 4.5% in early European trade after the results.
Here’s how ASML did versus LSEG consensus estimates:
- Net sales: 5.29 billion euros ($5.62 billion) versus 5.39 billion euros expected.
- Net profit: 1.22 billion euros versus 1.07 billion euros expected.
Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of the company’s guidance…”
https://www.cnbc.com/2024/04/17/asml-earnings-report-q1-2024.html