, , ) , Europe's largest micro-chip equipment maker, on Wednesday said first-quarter net profit nearly doubled to 153 million euros ($208 million), or 0.31 euro a share, from 80 million euros, or 0.16 euro a share, a year earlier. The latest quarter included 25 million euros in costs related to the Brion acquisition. Sales for the period jumped 53% to 960 million euros. The company booked 62 systems in the quarter, with a value of 911 million euros, leading to an order backlog valued at 2.16 billion euros as of April 1. In the second quarter, ASML plans to ship 69 systems, with an average selling price of 12 million euros for all systems. It expects a gross margin between 40% and 41%. The company didn't give guidance on second-quarter bookings but confirmed it expects revenue growth for the year. R&D expenditures for the quarter are forecast to increase to 120 million euros. EMI sees underlying profit before tax, items above consensus (2:33 AM ET) LONDON (MarketWatch) -- U.K. music company EMI Group (uk:UK:EMI: news, chart,profile)said Wednesday that it expects to report underlying earnings before interest, tax, depreciation and amortization for the year ended March 31 of around 174 million pounds, which it said is ahead of the consensus market forecast. EMI said revenue at its EMI Music unit fell around 15% at constant currency, in line with previous guidance. Revenue at the music publishing arm is expected to be broadly flat, while operating margins have improved. The firm said it now expects to achieve at least 70 million pounds of its projected cost savings by March 2008. It added the cash cost of the program has been revised down to no more than 125 million pounds from 150 million pounds. In view of the funding requirements, EMI has suspended dividend payments. The group also said it is examining the possibility of securitizing its music publishing assets and hopes to complete a deal by the end of the year.

E-mail RSS 6:01PM 4/17/2007Updates, advisories and surprises — MarketWatch4:31PM 4/16/2007Updates, advisories and surprises — MarketWatch4:31PM 4/13/2007Updates, advisories and surprises — MarketWatch7:01PM 4/12/2007Updates, advisories and surprises — MarketWatch4:31PM 4/11/2007Updates, advisories and surprises — MarketWatch More news Sign up to receive the Weekend TV Show Preview e-Newsletter.

');}document.write(''); Most Popular READ E-MAILED EDITOR'S PICK Stocks in focus for WednesdayTokyo, Sydney advance; Canon, BHP Billiton riseCBS can't give Katie Couric a breakTen international stocks to help you weather a global slowdownStockpicker of the Quarter David Riedel plays emerging marketsCorporate insiders have become even more bullishIntel profit up 19% on tax benefit; PC chip prices hold steadyThe Risks of Being AuditedCrude closes lower as gasoline futures fall nearly 3%U.S. stocks end mixed; DJIA closes just below record high No 'alpha,' Merrill director tells hedge fund conferenceTen international stocks to help you weather a global slowdownCorporate insiders have become even more bullishNew rules alter financial-planning game plan for consumersQuarterly update: 'lazy portfolios' still whipping S&P 500Stockpicker of the Quarter David Riedel plays emerging marketsThe Art of Showing Pure IncompetenceIntel profit up 19% on tax benefit; PC chip prices hold steadyThree Tests May Foil Artery-Disease DeathsPound at 26-year high, euro closes on all-time record Tokyo, Sydney advance; Canon, BHP Billiton riseNew rules alter financial-planning game plan for consumersIBM profit up 8% on services, software strengthYahoo profit falls 11% on higher costs; shares drop lateTen international stocks to help you weather a global slowdown Get the Latest MarketWatch News >> TRADING CENTER ');}document.write(''); ');}document.write(''); ');}document.write(''); ');}document.write(''); ');}document.write(''); ');}document.write(''); RELATED NEWS Industry: General News Column: Earnings Watch Topic: Earnings Company: Asml Hldg Nv (ASML) ');}document.write(''); IN THIS STORY Companies Asml Hldg Nv (ASML ) Create alert Add to portfolio ');}document.write(''); Site Index StartupJournal.com Copyright 2007 MarketWatch, Inc. All rights reserved.

By using this site, you agree to the Terms of Service and Privacy Policy (updated 4/3/03).Intraday data provided by Comstock , a division of Interactive Data Corp. and subject to terms of use .Historical and current end-of-day data provided by FT Interactive Data .More information on NASDAQ traded symbols and their current financial status.Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.

This is cache, read story here