According to TechFlow, on October 15, according to Jinshi Data, ASML, the world's leading lithography system manufacturer, released its third-quarter financial report for fiscal year 2024 and lowered its performance expectations for 2025, which aroused investors' concerns and caused its US stocks to plummet by more than 10% during the trading session. Affected by this, the Nasdaq Composite Index fell by more than 1%, and the share price of semiconductor leader NVIDIA widened its decline to 5.7%, setting the largest single-day drop since September 6, 2024.
According to the financial report data released by ASML, the company's gross profit margin in the third quarter was 50.8%, slightly higher than the market expectation of 50.7%. The amount of new orders in the third quarter was only 2.63 billion euros, far lower than the 5.39 billion euros expected by analysts. ASML expects net sales in the fourth quarter of fiscal year 2024 to be between 8.8 billion euros and 9.2 billion euros, and the full-year net sales forecast remains at 28 billion euros.
ASML lowered its performance guidance for fiscal year 2025. The company expects net sales in fiscal year 2025 to be between 30 billion euros and 35 billion euros, lower than the market's general expectation of 35.94 billion euros. At the same time, the gross profit margin forecast for fiscal year 2025 was lowered to the range of 51% to 53%, from the previous expectation of 54% to 56%.