Financial PerformanceASML reported a weak order intake and cut drastically their CY25E revenue/GM guide, which had so far anchored investors.
Market OutlookThe 2025 outlook is challenging, with guidance now at EUR 32.5, and EUV volumes are below expectations.
Revenue And EarningsA sharp decline in China revenues is expected, with ASML anticipating China to decline to 20% of sales next year, implying a 48% revenue decline year over year.