Oct 19, 2022 / NTS GMT
Unidentified Participant -
Mr. Dassen, can you give us a summary of the third quarter results?
Roger J. M. Dassen - ASML Holding N.V. - Executive VP, CFO & Member of the Management Board
Absolutely. Net sales came in at EUR 5.8 billion, which was above guidance included in that EUR 5.8 billion number, EUR 1.5 billion of installed base revenue.
Why was it higher than guided? A number of reasons. First off, the installation time in the field is -- actually, it's faster than we anticipated, and that means that we get revenue faster as a result of that. So that was one big reason.
Secondly, we already mentioned the installed base business. So that was more than we anticipated because of some field upgrades.
And thirdly, we put -- also in the past quarters, we put options at factory -- a specific factory option on the machines. And that factory option led to delayed revenue because, first, the factory option needed to demonstrate its value to the customers. A number of key customers have now accepted that value, and as a result of that, the
Q3 2022 ASML Holding NV Earnings Interview with CEO Transcript
Feb 06, 2024
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