Q2 2019 ASML Holding NV Earnings Interview with CEO Transcript
So can you give us a summary of the results for the second quarter?
Questions & Answers
I think the second quarter was a good quarter, a solid quarter. With our sales of EUR 2.6 billion, we came well within the guidance. Gross margin, 43%, a bit higher than we guided. Those were the results of some more manufacturing efficiencies in EUV, but also very important some more -- great field sales. Those were sales that were higher than we anticipated. That was with good margins and, of course, that was a result of the -- what we saw in Q1, where we had a very low average field sales because of the lack of components due to a fire at the supplier.
All in all, ended up with a net income of EUR 476 million. Of course, up, that's because of, of course, good gross margins, but also a long-term tax benefit.
From a order point of view, solid order intake, a good order intake, EUR 2.8 billion, which includes 10 EUV systems. And we shipped, by the
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