Investing.com - ASML ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ASML ADR announced earnings per share of €1.87 on revenue of €3.81B. Analysts polled by Investing.com anticipated EPS of €2.29 on revenue of €4.17B.
ASML ADR shares are down 22.48% from the beginning of the year and are trading at €617.15 , down-from-52-week-high.They are under-performing the Nasdaq which is down 12.95% from the start of the year.
ASML ADR follows other major Information Technology sector earnings this month
ASML ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, April 14, 2022, who reported EPS of €1.35 on revenue of €16.94B, compared to forecasts EPS of €1.33 on revenue of €17,430M.
Adobe had beat expectations on Tuesday, March 22, 2022 with first quarter EPS of €3.37 on revenue of €4.26B, compared to forecast for EPS of €3.34 on revenue of €4.24B.
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