ASML Reports 30% Drop In Q4 Net Profit

ASML Holding NV (NASDAQ: ASML) reported a 30% fall in its fourth-quarter net profit.

ASML's quarterly net profit dropped to EUR285 million, from EUR407 million, in the year-ago period. Its sales declined to EUR1.21 billion from EUR1.52 billion.

In 2011, ASML reported a net profit of EUR1.47 billion on sales of EUR5.65 billion.

ASML booked new orders worth EUR710 million in the fourth quarter, versus EUR514 million, in the earlier quarter.

ASML shares gained 3.55% to $44.10 in pre-market trading.