ASML Holding (ASML) Posts Stronger Q2 Results; Sees Q3 Orders Not Exceeding EUR 300M
ASML Holding NV (Nasdaq: ASML) reports Q1 EPS of €1.01, versus €0.90 reported for the same period a year ago. Revenue for the quarter was €1.529 billion, compared to €1.452 billion in Q110.
"Q2 2011 orders came in a couple of systems lower than expected at EUR 840 million for standard systems excluding EUV," CEO Eric Meurice said. "Our customers are currently taking some time to assess the semiconductor end-demand trends for 2012 before determining their overall capacity plans levels and timings. We therefore anticipate third quarter orders likely not to exceed EUR 500 million. Our 2012 business will in any event be supported by the continuation of the ramp of 2x nm nodes in Logic, 2x nm nodes in NAND memory and 3x nm in DRAM memory, the aggressive and litho-intensive development efforts of sub-20 nm technologies, as well as the introduction of the first EUV volume production systems NXE:3300," Meurice said.
For the third quarter 2011, ASML expects net sales of around EUR 1.4 billion, including two second generation EUV systems which represent total sales of around EUR 80 million with zero profit margin.
"Q2 2011 orders came in a couple of systems lower than expected at EUR 840 million for standard systems excluding EUV," CEO Eric Meurice said. "Our customers are currently taking some time to assess the semiconductor end-demand trends for 2012 before determining their overall capacity plans levels and timings. We therefore anticipate third quarter orders likely not to exceed EUR 500 million. Our 2012 business will in any event be supported by the continuation of the ramp of 2x nm nodes in Logic, 2x nm nodes in NAND memory and 3x nm in DRAM memory, the aggressive and litho-intensive development efforts of sub-20 nm technologies, as well as the introduction of the first EUV volume production systems NXE:3300," Meurice said.
For the third quarter 2011, ASML expects net sales of around EUR 1.4 billion, including two second generation EUV systems which represent total sales of around EUR 80 million with zero profit margin.