DR VELDHOVEN, Netherlands (AP) — DR VELDHOVEN, Netherlands (AP) — ASML Holding NV (ASML) on Wednesday reported first-quarter earnings of $2.1 billion.

The Dr Veldhoven, Netherlands-based company said it had net income of $5.31 per share.

The equipment supplier to semiconductor makers posted revenue of $7.24 billion in the period.

ASML shares have increased 18% since the beginning of the year. The stock has increased 6% in the last 12 months.

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