ASML

ASML reports rise in Q2 net income, misses analyst expectations

AMSTERDAM, July 15 (Reuters) - ASML Holding NV ASML.AS, one of the largest equipment suppliers to computer chip makers, on Wednesday reported net income of 751 million euros ($856 million)for the second quarter, slightly below expectations.

Net profit was up from 476 million euros in the same period a year earlier. Net sales rose to 3.33 billion euros from 2.57 billion euros.

Analysts had expected net profit at 860 million euros and revenue of 3.42 billion euros, according to Refinitiv data.

($1 = 0.8777 euros)

(Reporting by Toby Sterling Editing by Shri Navaratnam)

((toby.sterling@thomsonreuters.com; +31 20 504 5002;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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