ASML Holding (AS:ASML) saw its shares jump 11.1% on Wednesday after reporting a record-breaking Q4 2024, exceeding market expectations.
Q4 2024 Highlights
- Revenue: €9.3 billion (above guidance)
- Gross margin: 51.7%
- Net income: €2.7 billion
- Key driver: High-NA EUV system sales
Despite selling fewer lithography systems than in 2023, ASML’s EUV technology and service-related revenue drove strong financial performance.
Annual Performance (2024)
- Total net sales: €28.3 billion (+2.5% YoY)
- Gross margin: 51.3%
- Net income: €7.6 billion
- Total lithography systems sold: 380 (vs. 421 in 2023)
Booming Semiconductor Demand
- Q4 net bookings: €7.1 billion (2.7x higher than Q3)
- Full-year bookings: €18.9 billion
- EUV system orders: €3 billion in Q4
Market & Investment Impact
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ASML’s Earnings Trends
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Financial Strength & Valuation
Final Thoughts
With a strong rebound in bookings and record Q4 revenue, ASML signals a potential semiconductor industry upcycle.
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