ASML Holding (ASML) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Wednesday, July 13, 2011 1:31 PM

ASML Holding (ASML) announced its quarterly results on Wednesday. The company reported $1.00 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.94 by $0.06. The company’s quarterly revenue was up 5.3% on a year-over-year basis.

On a related note, analysts at Citigroup (NYSE: C) upgraded shares of ASML Holding from a "sell" rating to a "hold" rating in a research note to investors on Monday. Also, analysts at UBS AG (NYSE: UBS) upgraded shares of ASML Holding from a "neutral" rating to a "buy" rating in a research note to investors on Thursday, July 7th.

Shares of ASML Holding (ASML) traded up 0.43% during mid-day trading on Wednesday, hitting $35.03. ASML Holding (ASML) has a 52 week low of $24.64 and a 52 week high of $45.92. The stock's 50-day moving average is $37.04 and its 200-day moving average is $40.29. The company has a market cap of $15.294 billion and a price-to-earnings ratio of 8.33.

ASML Holding N.V. (ASML) is a holding company, which operates through its subsidiaries. The Company is a provider of advanced technology systems for the semiconductor industry. It offers an integrated portfolio of lithography systems mainly for manufacturing complex integrated circuits (semiconductors, ICs or chips). The Company supplies lithography systems to IC manufacturers throughout Asia, the United States and Europe and also provides its customers with a range of support services from advanced process and product applications knowledge to complete round-the-clock service support. ASML’s wholly owned operating subsidiaries include ASML Netherlands B.V., ASML Hong Kong Limited and ASML IS, Inc. In July 2009, ASML introduced FlexRay programmable illumination and BaseLiner scanner matching technology, which offer scanner stability optimization and stabilize manufacturing process windows.

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