By Anthony O. Goriainoff
ASML Holding NV reported Wednesday that for the fourth quarter it beat internet gain consensus and web gross sales rose, and that it expects ongoing powerful profits progress in 2023 inspite of a difficult surroundings.
The Dutch semiconductor-machines maker said web financial gain for the period was 1.8 billion euros ($1.96 billion) compared with EUR1.77 billion for the fourth quarter of 2021, and consensus of EUR1.71 billion, taken from FactSet and centered on 17 analysts’ estimates.
For 2022 web revenue was EUR5.62 billion compared with EUR5.88 billion in 2021.
Net product sales for the quarter ended up EUR6.4 billion in contrast with EUR4.99 billion a 12 months prior to. For 2022 web gross sales were EUR21.2 billion in comparison with EUR18.61 billion the year prior.
Gross margin for the 3 months was 51.5% compared with 54.2% a year earlier.
The company declared a full dividend for 2022 of EUR5.80 a share when compared with EUR5.50 a share in the yr-prior time period.
ASML explained to start with quarter internet income ended up predicted to be involving EUR6.1 billion and EUR6.5 billion with a gross margin in between 49% and 50%.
“We continue to see uncertainty in the current market caused by inflation, climbing curiosity charges, risk of economic downturn and geopolitical developments similar to export controls. Nonetheless, our buyers indicate that they expect the marketplace to rebound in the 2nd half of the yr ,” ASML President and Chief Government Peter Wennink explained.
Produce to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com