ASML Reports EUR 2.8 Billion Sales in Q3, Expects EUR 3 Billion Sales in Q4 - ASML Sees Further Growth for 2019
VELDHOVEN, the Netherlands, October 17, 2018 - ASML Holding N.V. (ASML) today publishes its 2018 third-quarter results. ASML Reports EUR 2.8 Billion Sales in Q3, Expects EUR 3 Billion Sales in Q4 - ASML Sees Further Growth for 2019
Q3 net sales of EUR 2.78 billion, net income EUR 680 million, gross margin 48.1 percent.
ASML expects Q4 2018 net sales of about EUR 3.0 billion and a gross margin around 48 percent.
A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com
"Our third-quarter sales were as expected, and we booked system orders worth a total of 2.2 billion euros. Our gross margin was slightly above our expectations, reflecting the strength of our DUV and Applications business and progress in EUV profitability.
We shipped and recognized revenue for five EUV systems in the third quarter. In addition, we received five EUV orders. We expect to ship a total of 18 EUV systems this year. Our 2019 shipment plan is 30 systems as the first customers are about to start high volume production using EUV. We have made significant progress in the execution of our roadmap, accelerating the introduction of the higher-productivity system NXE:3400C, offering more than 155 wafers per hour. Shipment of this system is expected to start in the second half of 2019.
We currently see strong demand for our products in Logic and Memory continuing in 2019, which supports our Logic customers' advanced nodes production schedule. In the Memory segment, we see strong momentum continuing, as evidenced by our Q3 order intake," said ASML President and Chief Executive Officer Peter Wennink.