July 15, 2020 / 5:42 AM / 20 days ago

ASML reports rise in second-quarter net income, misses analyst expectations

FILE PHOTO: ASML Holding logo is seen at company's headquarters in Eindhoven, Netherlands, Januari 23, 2019. REUTERS/Eva Plevier

AMSTERDAM (Reuters) - ASML Holding NV (ASML.AS), one of the largest equipment suppliers to computer chip makers, on Wednesday reported net income of 751 million euros (£681.26 million) for the second quarter, slightly below expectations.

Net profit was up from 476 million euros in the same period a year earlier. Net sales rose to 3.33 billion euros from 2.57 billion euros.

Analysts had expected net profit at 860 million euros and revenue of 3.42 billion euros, according to Refinitiv data.

Reporting by Toby Sterling; Editing by Shri Navaratnam

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