ASML reported a qoq sales growth of 20% (+30.4% yoy) while the gross margin dropped from 48.7% in Q1 18 to 43.3% in Q2 18. Due to higher R&D costs, the operating margin followed the same trend, down 2.9pts to 25.2%. Net income grew by 8.1% qoq but also showed a decreasing margin (21.3% from 23.6%). The EPS was, on the contrary, boosted by the share buy-back programme which will not end before 2019 (€1.37/share vs €1.26/share in Q1 18).
18 Jul 2018
The EUV take-off
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The EUV take-off
ASML Holding NV (ASML:WBO) | 0 0 1.0% | Mkt Cap: 67,287m
- Published:
18 Jul 2018 -
Author:
Marc Laubel -
Pages:
2
ASML reported a qoq sales growth of 20% (+30.4% yoy) while the gross margin dropped from 48.7% in Q1 18 to 43.3% in Q2 18. Due to higher R&D costs, the operating margin followed the same trend, down 2.9pts to 25.2%. Net income grew by 8.1% qoq but also showed a decreasing margin (21.3% from 23.6%). The EPS was, on the contrary, boosted by the share buy-back programme which will not end before 2019 (€1.37/share vs €1.26/share in Q1 18).