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ASML's third quarter orders sharply decline, causing a sharp drop in stock price

王俊杰2017
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The Hague, October 16 (Xinhua) -- Due to a sharp decline in orders in the third quarter of this year, the stock price of Dutch semiconductor equipment manufacturer ASML fell sharply on the 15th, with a drop of more than 15%.
According to financial data released by ASML on the same day, ASML received a significant decrease in orders in the third quarter of this year, with a total order amount of approximately 2.6 billion euros, less than half of the nearly 5.6 billion euros received in the previous quarter. After the release of this data, the stock price of ASML on the Amsterdam Stock Exchange in the Netherlands quickly fell, ultimately closing at 668.1 euros, a decrease of 15.6% from the previous trading day.
ASML subsequently released a statement stating that due to technical errors, some financial information for the third quarter of 2024 was released in advance on the company's official website. To maintain transparency, ASML has decided to advance the release of its complete third quarter financial report to the 15th, and relevant information has been made public on the company's official website.
Despite the sustained strong development and growth potential of the artificial intelligence field, the recovery speed of other market sectors is relatively slow. Currently, the pace of recovery is slower than previously expected. This situation is expected to continue until 2025, leading to more cautious customer attitudes, "said Christopher Fukai, President and CEO of ASML, in the financial report
According to the financial report, ASML's net sales for the third quarter of 2024 were 7.5 billion euros, with a net profit of 2.1 billion euros.
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