ASML published a solid Q2 with profits slightly above consensus. The major positive upsides came from its guidance readjustment for a record Q3 and a FY21 35% increase in sales yoy versus 30% previously. It also announced a buy-back programme of €9bn which should be finished by the end of FY23.
21 Jul 2021
Q2 21: ASML betters impressive guidance
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Q2 21: ASML betters impressive guidance
ASML published a solid Q2 with profits slightly above consensus. The major positive upsides came from its guidance readjustment for a record Q3 and a FY21 35% increase in sales yoy versus 30% previously. It also announced a buy-back programme of €9bn which should be finished by the end of FY23.