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Technology Stocks : Semi Equipment Analysis
SOXX 330.35+0.5%4:00 PM EST

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From: Return to Sender1/24/2024 12:43:45 PM
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Update: ASML Holding's Q4 Earnings, Sales Rise; Shares Gain Midday
11:58 AM ET 1/24/24 | MT Newswires

Update: ASML Holding's Q4 Earnings, Sales Rise; Shares Gain Midday11:58 AM EST, 01/24/2024 (MT Newswires) -- (Updates with the recent stock price movement in the headline and the first paragraph.)

ASML Holding (ASML) shares were up over 9% in recent trading activity on Wednesday after reporting higher Q4 results earlier in the day.

The company reported Q4 earnings of 5.20 euros ($5.65) per diluted share, up from 4.60 euros per share a year earlier.

Analysts surveyed by Capital IQ expected 4.76 euros per share.

Net sales for the quarter ended Dec. 31 were 7.24 billion euros, up from 6.43 billion euros a year earlier. Analysts polled by Capital IQ expected 6.89 billion euros.

Looking ahead, the company expects Q1 sales to range from 5 billion euros to 5.5 billion euros and full-year 2024 net sales to be similar to 2023. Analysts polled by Capital IQ are expecting sales of 5.92 billion euros and 27.27 billion euros for Q1 and 2024, respectively.

Price: 855.45, Change: +77.05, Percent Change: +9.90
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