Nvidia Supplier ASML Beats Revenue, EPS Estimates: EUV Product Mix, Performance Milestones Drive Q1, Says CEO - NVIDIA (NASDAQ:NVDA), ASML Holding (NASDAQ:ASML)
1. ASML reported first-quarter revenue of €7.742 billion, beating estimates by 12.94%. 2. Earnings per share reached €6, 18.58% above estimates. 3. ASML's gross profit was €4.180 billion, declining from the previous quarter. 4. They repurchased €2.7 billion in shares under a buyback program. 5. Consensus analysis rates ASML as a 'buy' with a target of $873.14.