What impacted ASML's gross profit in Q2 2024?

ASML's gross profit in Q2 2024 was impacted by several key factors: 1. **Economic Outlook and Technological Changes**: The company's gross profit was influenced by the economic outlook and the upcoming changes in technology. Worries about the economic outlook and the transition in product for chipmakers in 2025 could have negatively impacted ASML’s orders and gross profit. 2. **Lower-than-Expected Q1 Orders**: ASML reported lower-than-expected Q1 orders, which could have a cascading effect on gross profit. Net bookings for the first quarter were €3.61 billion, compared to €3.75 billion in the year-earlier quarter and well below analyst estimates of €5.1 billion. This decline in orders might have impacted the company's gross profit in the subsequent quarter. In conclusion, ASML's gross profit in Q2 2024 was impacted by a combination of factors including economic outlook and technological changes, and lower-than-expected Q1 orders. |code|Ticker|Name|Date|Gross Profit|Gross Profit QoQ|market_code| |---|---|---|---|---|---|---| |ASML|ASML.O|ASML Holding|20240331|2.90990106E9|-29.235253230626313|185| |ASML|ASML.O|ASML Holding|20240630|3.44058742E9|18.2372647405407|185|