ASML Holding Earnings, Revenue beat in Q1 By Investing.com

ASML Holding (AS:ASML) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

ASML Holding announced earnings per share of €3.21 on revenue of €4.36B. Analysts polled by Investing.com anticipated EPS of €2.57 on revenue of €3.99B.

ASML Holding shares are up 14% from the beginning of the year and are trading at €533.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.18% from the start of the year.

ASML Holding shares gained 4.28% in intra-day trade the report.

ASML Holding follows other major Technology sector earnings this month

ASML Holding’s report follows an earnings beat by ASM on Tuesday, who reported EPS of €1.79 on revenue of €394M, compared to forecasts EPS of €1.73 on revenue of €358.57M.

TomTom had missed expectations on April 14 with first quarter EPS of €-0.0863 on revenue of €131.2M, compared to forecast for EPS of €0.0035 on revenue of €142.21M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar