ASML Q3 Profit Rises; Backs FY Sales Target - Quick Facts

(RTTNews) - Dutch semiconductor equipment maker ASML Holding NV (ASML) posted higher third-quarter net income of 244.0 million euros, or 0.56 euros a share, compared with the prior year's 193.1 million euros, or 0.43 euros a share.

The firm clocked 1.32 billion euros of net sales in the recent quarter, which is almost same as last year.

Looking ahead to the fourth quarter of 2014, ASML sees net sales of around 1.3 billion euros, a gross margin of about 43 percent, R&D costs of nearly 260 million euros, other income of about 20 million euros, including contributions from participants of the Customer Co-Investment Program and SG&A costs of about 80 million euros.

For the full year, the company remains on track to meet its net sales forecast of at least 5.6 billion euros, supported by solid backlog.