Oct 14, 2020 / NTS GMT
Leo de Later;CorpTV;Founder -
Mr. Dassen, to kick off, can you give us a summary of the third quarter results?
Questions and Answers:
Roger J. M. Dassen - ASML Holding N.V. - Executive VP, CFO & Member of the Management BoardQ3 was a strong quarter. Starting with the top line, we were able to recognize EUR 4 billion of revenue primarily driven by the fact that we were able to recognize revenue for 14 EUV systems: 10 based on shipments this quarter; 4 based on shipments in Q2 that we deferred revenue for into this quarter.
Included in that number, EUR 862 million of Installed Base revenue. At the gross margin level, 47.5%, which is smack in the middle of the guidance, which I think is particularly strong in light of the fact that we have so much EUV revenue in there.
Net income, EUR 1.1 billion. If we look at the order book, EUR 2.9 billion, which is a good number for this quarter. Included in there, EUR 595 million of EUV which represents 4 systems, and this is a net booking because in that 4, we also had a