(RTTNews) – Dutch semiconductor gear maker ASML Holding N.V. (ASML) reported Wednesday that its first-quarter web revenue fell to 1.22 billion euros from final yr’s 1.96 billion euros. Earnings per share had been 3.11 euros, down from 4.95 euros a yr earlier.
Earnings earlier than revenue taxes declined to 1.42 billion euros from 2.22 billion euros a yr in the past. Gross revenue as a share of web gross sales, nevertheless, grew to 51 p.c from prior yr’s 50.6%.
Web gross sales had been 5.29 billion euros, decrease than prior yr’s 7.24 billion euros. Gross sales of lithography methods had been 70 items, down from prior yr’s 100 items.
Quarterly web bookings totalled 3.61 billion euros, down from 3.75 billion euros final yr.
Additional, ASML mentioned it intends to declare a complete dividend for the yr 2023 of 6.10 euros per strange share, a 5.2% enhance in comparison with 2022. The ultimate dividend proposal to the Annual Common Assembly can be 1.75 euros per strange share.
Trying forward for the second quarter, ASML expects complete web gross sales between 5.7 billion euros and 6.2 billion euros, and a gross margin between 50% and 51%.
For fiscal 2024, the corporate continues to count on income to be just like 2023.
ASML President and Chief Government Officer Peter Wennink mentioned, “Our outlook for the complete yr 2024 is unchanged, with the second half of the yr anticipated to be stronger than the primary half, in keeping with the trade’s continued restoration from the downturn. We see 2024 as a transition yr with continued investments in each capability ramp and expertise, to be prepared for the flip within the cycle.”
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