Should You Buy ASML Holding Stock Before April 17?
Semiconductor equipment giant ASML Holding (NASDAQ: ASML) has stitched together impressive gains on the stock market so far this year, appreciating by nearly 28% as of this writing, and the company's fourth-quarter 2023 results played a key role in driving that surge.
ASML released its Q4 results on Jan. 24. Investors liked what they saw, and the stock hit a new high. The Dutch semiconductor bellwether has maintained its momentum since then, but its rally will be put to the test when it releases its first-quarter 2024 results on April 17. Will ASML be able to deliver another strong set of results and guidance later this month?
ASML ended 2023 with a total revenue of 27.6 billion euros, an increase of 30% from the previous year. However, the company offered conservative guidance for 2024, saying it expects its revenue to be identical to 2023.
Source Fool.com
