ChainCatcher reported that 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. As a result, the Nasdaq Composite Index fell by more than 1%, and the share price of semiconductor leader NVIDIA widened its decline to 5.7%, marking the largest single-day drop since September 6, 2024.
According to the financial report 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 new orders in the third quarter were only 2.63 billion euros, far lower than the market expectation of 5.39 billion euros.
ASML expects net sales in the fourth quarter of fiscal 2024 to be between 8.8 billion euros and 9.2 billion euros, while the market is expecting 8.95 billion euros; the full-year net sales forecast remains at 28 billion euros, while the market is expecting 27.71 billion euros.
ASML expects net sales to be between 30 billion euros and 35 billion euros in 2025, while the market expects 35.94 billion euros. The gross profit margin forecast for fiscal 2025 was lowered to a range of 51% to 53%, from a previous forecast of 54% to 56%.