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.

© Reuters. A smartphone with a displayed ASML logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

“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)



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