ASML's Q3 2023 earnings did not drop sharply. In fact, the company reported strong financial performance with a net income of $2.12 billion and a net margin of 28.56%1. Here are the details:
ASML Total Revenue, Net Income...
- Strong Financial Performance: ASML reported a net income of $2.12 billion and a net margin of 28.56% for Q3 20231. This indicates that the company is profitable and generating significant earnings from its operations.
- Revenue Growth: The company's total revenue for the quarter was $7.54 billion1. This reflects a robust sales performance, which is a positive indicator for the company's financial health.
- Diluted EPS: The diluted earnings per share (EPS) for the quarter was $5.381. This suggests that the company is generating earnings that are distributed to shareholders, which can be attractive to investors.
Overall, ASML's Q3 2023 earnings report shows a company that is performing well financially, with strong profitability metrics and revenue growth. There is no indication of a drop in earnings, let alone a sharp drop.