ASML Q3 earnings beat expectations; outlook strong |
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Published
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Wed, 17 Oct 2007 06:24 |
AMSTERDAM (Thomson Financial) - ASML Holdings NV presented third-quarter earnings that beat expectations across the board, with both earnings and bookings coming in higher than anticipated while giving off a strong outlook.Net profit was 168 mln eur versus 161 mln a quarter earlier, besting analyst forecasts of 140.5-151.3 mln, while sales came in at 940 mln eur, up from 935 mln eur and higher than the 904-922.2 mln eur expected.Bookings were 40 units, with 35 new units and 5 old units ordered, versus 30 units in the second quarter.ASML said it expects bookings in the fourth quarter to surpass those of the third quarter, while it also sees earnings in the first nine months of 2008 to be higher than the same period this year.By Kaj Leers, kaj.leers@thomson.comkel/jfrCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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