Plus   Neg

ASML Q3 Profit Down, Bookings Climb; Sees Growth In FY19 - Quick Facts

Dutch semiconductor equipment maker ASML Holding N.V. (ASML) reported Wednesday that its third-quarter net income dropped to 626.8 million euros from last year's 680.4 million euros.

Net income per ordinary share fell to 1.49 euros from 1.60 euros a year ago.

Net sales for the quarter increased to 2.99 billion euros from 2.78 billion euros in the previous year.

Net system sales increased, partly offset by weak net service and field option sales.

Net bookings in the quarter were 5.1 billion euros, significantly higher than last year's 2.20 billion euros. Net bookings of lithography systems grew to 81 units from 67 units last year.

Looking ahead, for the fourth quarter of 2019, ASML expects net sales of around 3.9 billion euros, and a gross margin between 48% and 49%.

ASML President and Chief Executive Officer Peter Wennink said, "Our overall view for 2019 is essentially unchanged as we continue to see 2019 as a growth year."

Further, ASML announced that it has revised its capital return policy to provide for dividend payments on a semi-annual basis. The interim dividend over 2019 will be 1.05 euros per ordinary share.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Motors Co. (GM) is hiring for new workforce, after cutting about some 4,000 salaried employees early this year. According to Detroit Free Press, the auto giant is hiring for a new workforce as the company invests more money to develop electric and self-driving vehicles. Earlier this year,... Australia's Federal Court has ruled in favor of more than 1,000 women in a landmark class-action lawsuit against Johnson & Johnson after they suffered severe pain and complications from the healthcare giant's pelvic mesh implants. Johnson & Johnson and its subsidiary Ethicon were accused of hiding the risks of its pelvic mesh products. SpaceX's Starship rocket prototype was damaged while undergoing pressurization testing on Wednesday evening. Video from the vicinity of SpaceX's Boca Chica test facility in Texas showed white plumes erupt from the top part of the Starship Mark 1 vehicle while it was undergoing a pressurization test. The eruption blew off the upper bulkhead high into the air.
Follow RTT