ASML Holdings reported first-quarter sales of 4.4 billion euros, up from 4.3 billion euros in Q4 2020, according to the company’s press release. The company expects net sales to slip to between 4.0 billion euros and 4.1 billion euros in Q2 2021.
Q1 gross margin was 53.9%, up from 52.0% in the previous quarter
ASML guides a gross margin of around 49% in Q2 2021
Q1 net income was 1.331 billion euros, down from 1.351 billion euros.
Q1 net bookings came at 4.7 billion euros, including 2.3 billion euros from EUV systems
ASML attributes growth in revenue and gross margin to increased Installed Base business.
The company sees significant demand increase across all market segments and product portfolio
The company expects revenue growth of almost 30% in 2021 from last year
ASML expects to spend 650 million euros in R&D and 175 million euros outlay in SG&A
ASML stock is currently gaining. ASML: NASDAQ is up 4.00%
