Oct 15, 2024 / NTS GMT
Christophe Fouquet - ASML Holding NV - President, Chief Executive Officer, Member of the Management Board
Total net sales for the quarter came in at EUR7.5 billion, which is above guidance. A couple of reasons for that. First off, we had stronger DPV sales, but also the installed base management business was higher than expected at EUR1.54 billion. Gross margin for the quarter came in at 50.8%, which is within guidance; net income at EUR2.1 billion.
Net bookings came in at EUR2.6 billion, which I think is a reflection of some of the market dynamics that we're going to talk about later on. Part of the EUR2.6 billion was EUR1.4 billion for EUV systems, and I would remind everyone that we ended the quarter with a backlog of still over EUR36 billion. All in all, I would say it's been a solid quarter in terms of financials, but also a quarter where there have been quite some market dynamics.
For Q4, we expect a significant step up in sales. We expect total net sales between EUR8.8 billion and EUR9.2 billion. Part of that big step up again in the installed base revenue, we expect that to arrive
Q3 2024 ASML Holding NV Earnings Interview with CEO (Pre-Recorded) Transcript
Oct 15, 2024
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