Q2 2023 ASML Holding NV Earnings Interview with CEO (Pre-Recorded) Transcript

Jul 19, 2023 / NTS GMT
Unidentified Analyst -

Mr. Wennink, can you give us a summary of the second quarter results, 2023?

Peter T. F. M. Wennink - ASML Holding N.V. - Chairman of the Management Board, President & CEO

Yes. The second quarter was a solid quarter. I mean sales came in at EUR 6.9 billion, which is at the high end of our guidance range. Installed base business, EUR 1.3 billion. We had a good gross margin, 51.3%. That is the result of the fact that we sold more immersion systems than we anticipated. And on top of that, we started to revenue recognize the immersion fast shipments in Q2, which actually gave us some extra sales, which have some extra margin. So that was the reason for a good gross margin number in Q2. Net income, EUR 1.9 billion, EUR 4.5 billion on order intake, solid quarter.

Questions and Answers:

Unidentified Analyst -

What's your guidance for the third quarter?

Peter T. F. M. Wennink - ASML Holding N.V. - Chairman of the Management Board, President & CEO

Third quarter, we
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