(Corrects dateline to July 20)
July 20 (Reuters) - ASML Holding reported a better-than-expected quarterly profit on Wednesday as customers have started taking shipments of its newest tool.
ASML, a key supplier to major semiconductor makers, reported a net profit of 354 million euros ($389.9 million) for the quarter, down 4 pct on last year’s figure, but comfortably beat the 338 million euros expected in a Reuters poll.
With quarterly sales of 1.74 billion euros, ASML exceeded its quarterly sales target of 1.7 billion euros.
$1 = 0.9079 euros Reporting by Wout Vergauwen; Editing by Eric Meijer
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