ASML Holding N.V. said its normalized net income for the fiscal second quarter ended July 2 came to 84 euro cents per share, compared with the S&P Capital IQ consensus estimate of 95 cents per share.

EPS increased 13.6% year over year from 74 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €362.5 million, a gain of 15.3% from €314.3 million in the prior-year period.

The normalized profit margin dropped to 17.2% from 18.1% in the year-earlier period.

Total revenue climbed 20.8% year over year to €2.10 billion from €1.74 billion, and total operating expenses rose 22.0% on an annual basis to €1.51 billion from €1.24 billion.

Reported net income increased 28.1% year over year to €477.1 million, or €1.10 per share, from €372.4 million, or 87 cents per share.