Reported about 1 month ago
ASML Holding saw its shares fall over 15.6% following its Q3 report, which revealed adjusted earnings and revenue that fell short of analysts' expectations. The company's net bookings of €2.6 billion were significantly below the anticipated €5.39 billion, leading to a downgrade in outlook for 2024 revenue. ASML forecasts revenues of €28 billion for the fiscal year and cites a slower-than-expected market recovery, particularly in non-AI segments.
Source: YAHOO