"Critical Semiconductor Firm ASML Sees 5% Share Drop after 22% Sales Miss; Sticks to Full-Year Outlook Despite Lacklustre Sales and Profit"

Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall

A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.Peter Boer | Bloomberg | Getty ImagesShares of ASML on Wednesday fell as the company missed sales forecasts, but stuck to its full-year outlook.ASML's stock was down around 4.5% in early European trade after the results.Here's how ASML did versus LSEG consensus estimates:Net sales: 5.29 billion euros ($5.62 billion) versus 5.39 billion euros expected.Net profit: 1.22 billion euros ve...