ASML says EUV on track for 2013
10/12/2011 3:57 AM EDT
Still expecting record sales year
ASML reported sales for the
quarter of 1.46 billion euro (about $1.99 billion), down about 5 percent
from the second quarter. The company reported a net income for the
quarter of 355 million euro (about $485 million), down 18 percent
compared to the second quarter.
ASML said it sold 46 new systems
in the third quarter, down from 58 systems in the second quarter. The
company said it book 23 system orders worth 514 million euro (about $701
million) during the quarter, excluding EUV systems. In the second quarter, ASML reported booking 34
non-EUV system orders worth 840 million euro (about $1.15 billion).
the current turbo macro-economic environment, ASML continues to expect
2011 to be a record year for sales. The company continues to expect that
total sales for the year will be more than 5.5 billion euro (about $7.5
billion). ASML said it expects fourth quarter bookings to be better
than they were in the third quarter.
For the fourth quarter,
ASML said it expects sales to be above 1.1 billion euro (about $1.5
billion), including one second-generation EUV system worth about 40
million euro (about $55 million) with zero profit margin. ASML maintains
it makes no profit on the sale of pre-production EUV tools.
is too early to understand how overall demand for semiconductors will
contribute to our business in 2012, but we believe that a sustained need
for leading edge systems capable of new nodes will likely result in
increased Q4 2011 bookings, compared with Q3,” Meurice said.