Stock Market News
ASML earnings published early, shares fall
2024.10.15 11:10
AMSTERDAM (Reuters) – Shares in computer chip equipment maker ASML (AS:) fell sharply on Tuesday after the company’s third quarter earnings were published early in an apparent error and showed the company was downbeat on its 2025 sales.
Shares were down 15% at 673.60 euros ($734.43) at 1500 GMT.
“We expect our 2025 total net sales to grow to a range between 30-35 billion euros, which is the lower half of the range that we provided at our 2022 Investor Day,” Chief Executive Christophe Fouquet said in a statement.
($1 = 0.9172 euros)