ASML beats on the top and bottom line; sees Q4 revs above consensus
- Co reported Q3 EPS of EUR 1.60 versus EUR 1.58 Capital IQ consensus; Q3 net sales roughly unchanged QoQ at EUR 2.78 billion vs EUR 2.759 bln Capital IQ consensus
- ASML expects Q4 2018 net sales of about EUR 3.0 billion (versus EUR 2.9 bln Capital IQ consensus) and a gross margin around 48 percent.
- "We shipped and recognized revenue for five EUV systems in the third quarter. In addition, we received five EUV orders. We expect to ship a total of 18 EUV systems this year. Our 2019 shipment plan is 30 systems as the first customers are about to start high volume production using EUV."
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