The semiconductor equipment maker reported $8.69 per share earnings on $10.67 billion in sales, exceeding analyst expectations.
ASML reported second-quarter earnings of $8.69 per share on revenue of $10.67 billion, surpassing analyst estimates. The company also raised its full-year outlook, driving shares higher in early trading.
Analysts had anticipated lower earnings and revenue for the quarter. The results reflect strong demand for semiconductor equipment, particularly in AI-related sectors. ASML’s performance led gains in tech futures, with the Nasdaq and broader AI stock group under scrutiny for resistance levels.
Markets reacted positively, with ASML stock jumping in pre-market trading, bolstering sentiment in the tech sector.