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ASML Sales Rise in Second Quarter on New Product Push

Semiconductor production equipment maker ASML Holding (ASML) saw net revenue advance 5.2% year-on-year to €1.74 billion ($1.91 billion) from €1.65 billion as it enjoyed volume growth in a majority of its product lines and pushed forward with the sales of an upgraded equipment.

Meanwhile, ASML also saw net income drop 4.3%, to €353.8 million from €369.7 million and diluted earnings per share to €0.83 from €0.85 in the second quarter.

The Veldhoven, Netherlands-based company, which supplies its equipment to all of...