ASML Holding NV reported fourth-quarter FY21 revenue of €4.99 billion, up 17.2 percent Y/Y and missed the consensus by €130 million. The Q4 net bookings were €7.1 billion. The gross margin expanded 219 bps Y/Y to 54.2 percent due to strong Installed Base revenue. GAAP EPS of €4.38 increased from €3.23 last year. ASML held €7.59 billion in cash and equivalents. Outlook ASML sees Q1 2022 net sales of €3.3 billion – €3.5 billion and a gross margin of ~49 percent. “The lower net sales guidance for the first quarter is due to a significant number of fast shipments, translating to approximately €2 billion of expected revenue shift from the first quarter to subsequent quarters,” CEO Peter Wennink said. ASML sees 2022 net sales growth of 20 percent year-on-year. The company said it can manage the consequences of the Berlin site fire without a significant impact on its system output for …