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- ENXTAM:ASML
ASML Holding Full Year 2023 Earnings: Revenues Beat Expectations
ASML Holding (AMS:ASML) Full Year 2023 Results
Key Financial Results
- Revenue: €27.6b (up 30% from FY 2022).
- Net income: €7.84b (up 39% from FY 2022).
- Profit margin: 28% (up from 27% in FY 2022). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
ASML Holding Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.3%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 20% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for ASML Holding that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ENXTAM:ASML
ASML Holding
Develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers.
High growth potential with excellent balance sheet.