ASML Holding N.V. (ASML) Financial News - ASML: Record sales, bookings, 5B rev. seen in '11

ASML Holding N.V. (ASML)

ASML: Record sales, bookings, 5B rev. seen in '11

Keywords: Markets|Europe & Middle East, ASML, ASML Holding NV, ASML, ASML Holding NV
Quote: MADRID (MarketWatch) -- Dutch provider of lithography systems for the chip industry ASML Holding NV/quotes/comstock/15*!asml/quotes/nls/asml(ASML37.43,-2.67,-6.65%)/quotes/comstock/24s!e:asml(NL:ASML27.90,-2.06,-6.86%) on Wednesday reported fourth-quarter net income of 407 million euros ($548 million), eight times higher than €50.5 million in the prior-year period. On a per-share basis, the company earned 0.94 euros against 0.12 euros in the year-ago period. ASML reported sales of €1.52 billion against €581 million a year ago. Analysts surveyed by Dow Jones Newswires forecast sales of €1.33 billion. Bookings for the quarter totalled €2.32 billion, which has led to a systems backlog worth €3.86 billion, and the company said it now expects more than €5 billion in net sales for 2011. President and Chief Executive Officer Eric Meurice said ASML tripled the output of its factory in 2010 to meet demand in a quarter that saw record sales, profit and bookings. ASML sees first- quarter 2011 net sales of around €1.4 billion and a gross margin of between 44% and 45%. ASML also announced a share buyback program worth up to €1 billion to take place over two years....
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ASML Holding N.V. Stock Summary

We commenced business operations in 1984. ASM Lithography Holding N.V. was incorporated in the Netherlands on October 3, 1994 to serve as the holding company for our worldwide operations, which include operating subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, Korea, Taiwan, Singapore, China (including Hong Kong), Japan, Malaysia, Israel and India. In 2001, we changed our name from ASM Lithography Holding N.V. to ASML Holding N.V. Our registered office is located at De Run 6501, 5504 DR Veldhoven, the Netherlands, telephone +31 40 268 3000. In May 2001, we merged with SVG (now part of ASML US, Inc.), a company that was active in the Lithography, Track and Thermal businesses. In December 2002, we announced the termination of our manufacturing activities in the Track business and the divestiture of our Thermal business. In October 2003, we substantially completed the divestiture of our Thermal business.  ... More...""