WEB Q4 2023 Financial Results
Impressive Growth Despite Industry Challenges
Key Financial Highlights
ASML Holding NV (ASML) has recently published its financial results for the fourth quarter (Q4) of 2023, revealing strong performance despite ongoing macroeconomic challenges.
Record-Breaking Q4
In Q4, ASML achieved record-breaking net sales of €72 billion, showcasing a remarkable growth of 21% year-over-year. The gross margin remained strong at 51.4%, while net income surged significantly by 35% to €20 billion. Quarterly net bookings reached an impressive €92 billion, representing a significant contribution of €56 billion for the year.
Solid Q1 Performance
ASML continued its impressive performance in the first quarter (Q1) of 2024, reporting total net sales of €53 billion. The gross margin remained stable at 51.0%, resulting in a net income of €12 billion. Quarterly net bookings amounted to €36 billion, with €65.6 billion expected for the current year.
Industry Leader in Chip Manufacturing
ASML, known as the world's largest supplier of lithography systems for the semiconductor industry, plays a pivotal role in the production of computer chips. These chips are essential components in various electronic devices, including smartphones, laptops, and servers.
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