AMSTERDAM Oct 18 Dutch chip-making equipment
manufacturer ASML Holding NV, a supplier to Intel Corp
and Samsung Electronics Co Ltd, on
Wednesday reported a 23 percent rise in third-quarter profit,
missing analyst estimates.
Net profit reached 396 million euros ($434.65 million) for
July-September from 322 million euros in the same period a year
prior. The result compared with the 410 million euro average of
17 analyst estimates in a Reuters poll.
Chief Executive Peter Wennink said the miss was the result
of including in the results part of one of ASML's newest
machines, which cost 100 million euros apiece but have lower
ASML also forecast fourth-quarter revenue of 1.7 billion to
1.8 billion euros.
($1 = 0.9111 euros)
(Reporting by Toby Sterling; Editing by Christopher Cushing)