Update: ASML Lifts 2026 Sales Outlook Amid Higher Q2 Earnings, Revenue; Shares Jump Premarket
(Updates with the stock move in the headline and first paragraph, and Intel collaboration in the last paragraph.) ASML (ASML) shares were up 4% in premarket activity after the Dutch semiconductor equipment manufacturer reported year-over-year growth in Q2 earnings and sales and raised revenue guidance for the full-year 2026. The company reported Q2 earnings early Wednesday of 7.58 euros ($8.66) per diluted share, up from 5.90 euros a year earlier. Analysts polled by FactSet expected 8.59 euros. Net sales for the quarter ended June 28 were 9.33 billion euros, compared with 7.69 billion euros a year earlier. Analysts polled by FactSet expected 10.44 billion euros. The company expects Q3 sales of 11 billion euros to 12 billion euros. Analysts polled by FactSet expect 11.70 billion euros. For 2026, ASML said it now expects sales of 43 billion euros to 45 billion euros, up from its previous guidance of 36 billion euros to 40 billion euros. Analysts polled by FactSet are projecting 39.90 billion euros. ASML also said Wednesday that Intel's (INTC) Foundry business is using its High NA EUV technology on the Intel 18A node to manufacture a portion of its Core Ultra Series 3 Panther.
(Updates with the stock move in the headline and first paragraph, and Intel collaboration in the last paragraph.) ASML (ASML) shares were up 4% in premarket activity after the Dutch semiconductor equipment manufacturer reported year-over-year growth in Q2 earnings and sales and raised revenue guidance for the full-year 2026.
The company reported Q2 earnings early Wednesday of 7.58 euros ($8.66) per diluted share, up from 5.90 euros a year earlier.
Analysts polled by FactSet expected 8.59 euros.
Net sales for the quarter ended June 28 were 9.33 billion euros, compared with 7.69 billion euros a year earlier.
Analysts polled by FactSet expected 10.44 billion euros.
The company expects Q3 sales of 11 billion euros to 12 billion euros.
Analysts polled by FactSet expect 11.70 billion euros.
For 2026, ASML said it now expects sales of 43 billion euros to 45 billion euros, up from its previous guidance of 36 billion euros to 40 billion euros.
Analysts polled by FactSet are projecting 39.90 billion euros.
ASML also said Wednesday that Intel's (INTC) Foundry business is using its High NA EUV technology on the Intel 18A node to manufacture a portion of its Core Ultra Series 3 Panther.