ASML Holdings (ASML $35.30 +0.42) reported second quarter
earnings of $1.00 per share, $0.06 better than the Capital IQ Consensus Estimate
of $0.94.
Revenues rose 5.3% year/year to $1.53 billion versus the $1.51 billion
consensus.
For the third quarter, the company issued revenue guidance of approx.EUR1.4
billion versus the $1.41 billion Capital IQ Consensus Estimate. Co anticipates
third quarter orders likely not to exceed EUR500 million.
The company states its 2012 business will be supported by the continuation of
the ramp of 2x nm nodes in Logic, 2x nm nodes in NAND memory and 3x nm in DRAM
memory, the aggressive and litho-intensive development efforts of sub-20 nm
technologies, as well as the introduction of the first EUV volume production
systems NXE:3300.
The company reiterates sales expectation for all of 2011, to hit a record level
clearly above EUR5 billion, not including EUV (no est ex-EUV). Systems backlog,
excluding EUV at the end of Q2 was EUR2,756 million.






