ASML Earnings Preview: Cyclical Recovery, Strong Demand, And Sanction Risks

Maria Vonotna Earnings Preview: FY Q1 2024 Advanced Semiconductor Materials Lithography Holding NV, colloquially known as ASML (NASDAQ:ASML), is entering the April earnings season with strong momentum. The company beat sales and gross margin guidance in the Q4 report and recorded 30% YoY revenue growth. Meanwhile, management did not guide for full year 2024 sales growth. Instead, the company expects 2024 sales to match the 2023 figure of $30b, with Q1 sales of $5.5b-$6b with 48%-49% gross margin. The co ...