The stock rose 4.3% following better-than-expected revenue driven by record-high ALD equipment sales and strong growth in spares and services, reflecting robust demand across leading-edge logic/foundry and memory segments.
- Q2 revenue reached €1 billion, surpassing guidance of €980 million on a constant currency basis, up 24% year-on-year and 15% sequentially.
- Equipment sales increased 22% year-on-year, led by record-high atomic layer deposition (ALD) sales and strong demand in the leading-edge logic/foundry segment, particularly 2-nanometer nodes.
- Spares and services grew 34% year-on-year, benefiting from elevated fab utilization and outcome-based service offerings.
- Gross margin held firm at 51.9%, supported by favorable product mix and operational efficiency initiatives.
- Free cash flow reached a record €355 million, with improved working capital management and solid profitability.
Community Discussion