ASML signals double-digit annual growth as quarterly sales jump

Semiconductor equipment maker ASML Holding NV on Wednesday posted a better-than-expected quarterly earnings and forecast a double-digit growth for next year on strong end-demand for electronics devices. In the third quarter of 2019, ASML reported net profit of 627 million euros and sales of 3 billion euros. ASML Chief Financial Officer Roger Dassen forecast sales of 3.7 billion euros in the fourth quarter and said the company expected “low double digit” growth in 2021. …read more

Source:: Yahoo Finance

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