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ASML Holding fiscal Q3 profit climbs 24.7% YOY

ASML Holding N.V. said its normalized net income for the fiscal third quarter ended Oct. 1 was €410.1 million, a gain of 24.7% from €328.9 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 16.8% from 18.1% in the year-earlier period.

Total revenue climbed 34.9% year over year to €2.45 billion from €1.81 billion, and total operating expenses increased 41.5% from the prior-year period to €1.78 billion from €1.26 billion.

Reported net income totaled €574.8 million, compared with €425.5 million, or 100 cents per share, in the year-earlier period.