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ASML Posts Solid Q1 Performance, Stable Outlook
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ASML Posts Solid Q1 Performance, Stable Outlook

Asml Holding N.V. (ASML) has released an update.

ASML Holding NV reported strong first-quarter performance for 2024, with €5.3 billion in net sales and a net income of €1.2 billion, maintaining a robust gross margin of 51.0%. The company anticipates Q2 sales to reach between €5.7 billion and €6.2 billion, and foresees the full-year sales to mirror those of 2023, suggesting a stable outlook. Additionally, ASML has announced a dividend increase to €6.10 per share and continued its share buyback program, purchasing €400 million worth of shares in Q1.

For further insights into ASML stock, check out TipRanks’ Stock Analysis page.

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