Dutch semiconductor equipment maker ASML Holding N.V. reported Wednesday significantly higher profit in its first quarter mainly driven by strong net sales with increased sales of lithography systems. Further, the company lifted dividend, and said it sees sequentially higher net sales in the second quarter. ASML also maintained its fiscal 2023 sales growth view. In the early morning trading in Amsterdam, ASML shares were losing around 3 percent.
According to the company, the strong results in the quarter mainly reflected higher than expected Extreme Ultraviolet or EUV and Deep Ultraviolet or DUV lithography revenue from faster installation and earlier acceptance of systems.
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