VRT earnings
Vertiv Holdings LLC (VRT) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Vertiv Reports Strong First Quarter with Diluted EPS Growth of 136% (Adjusted Diluted EPS Growth of +83%); Raises Full-Year GuidanceFirst Quarter 2026 ResultsNet sales of $2,650 million, 30% higher than first quarter 2025Operating profit up 51% and adjusted operating profit(1) up 64% from first quarter 2025. Adjusted operating margin of 20.8%, up 430 basis points compared to first quarter 2025Operating cash flow of $767 million and adjusted free cash flow of $653 million, an increase of 153% and 147%, respectively, compared to prior year first quarter. Net leverage of ~0.2x at the end of first quarter 2026Full Year 2026 GuidanceExpect net sales of $13,500 to $14,000 million, with organic sales growth of 29% to 31% compared to 2025Expect full year 2026 diluted EPS of $5.60 to $5.70 and adjusted diluted EPS of $6.30 to $6.
- Vertiv Announces Date of First Quarter 2026 Earnings Release and Conference CallCOLUMBUS, April 8, 2026 /PRNewswire/ -- Vertiv Holdings Co. (NYSE:VRT), a global leader in critical digital infrastructure, today announced it will report its first quarter 2026 results before market open on Wednesday, April 22, 2026. The press release will contain a link to the presentation materials providing a first quarter 2026 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be access
- Vertiv Reports Strong Fourth Quarter with Organic Orders Growth of 252% and Diluted EPS Growth of 200% (Adjusted Diluted EPS +37%)Fourth Quarter 2025 Net sales of $2,880 million, 23% higher than fourth quarter 2024Operating profit up 27% and adjusted operating profit(1) up 33% from fourth quarter 2024. Adjusted operating margin of 23.2%, up 170 basis points compared to fourth quarter 2024Operating cash flow of $1,005 million and adjusted free cash flow(1) of $910 million, an increase of 136% and 151%, respectively, compared to prior year fourth quarter. Net leverage of ~0.5x at the end of fourth quarterFull Year 2025 Organic sales growth of 26% compared to prior year. Full year diluted EPS growth of 166% and adjusted diluted EPS growth of 47%. Full year operating cash flow of $2,114 million and adjusted free cash flow
- Vertiv Announces Date of Fourth Quarter and Full Year 2025 Earnings, and 2026 Investor Conference DateCOLUMBUS, Ohio, Jan. 21, 2026 /PRNewswire/ -- Vertiv Holdings Co. (NYSE:VRT), a global leader in critical digital infrastructure, today announced it will report its fourth quarter and full year 2025 results before market open on Wednesday, February 11, 2026. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2025 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. This call will be webcast live and available for replay 30 days thereafter.
- Hut 8 Signs 15-Year, 245 MW AI Data Center Lease at River Bend Campus with Total Contract Value of $7.0 Billion15-year 245 MW IT lease valued at $7.0 billion over the base term and up to $17.7 billion if all renewal options are exercised Google providing a financial backstop covering obligations for the 15-year base lease term Hut 8 to implement an institutional-grade execution model designed to de-risk project delivery with blue-chip counterparties—Entergy (NYSE:ETR), J.P. Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS), Vertiv (NYSE:VRT), and Jacobs (NYSE:J) MIAMI, Dec. 17, 2025 /PRNewswire/ -- Hut 8 Corp. (NASDAQ:HUT) (TSX:HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases
- Vertiv Reports Strong Third Quarter Results including Organic Orders +60%, Diluted EPS +122% (Adjusted EPS +63%); Raises 2025 GuidanceThird quarter organic orders up ~60% compared to prior year period and up 20% sequentially from second quarter 2025. Strong third quarter trailing twelve-month (TTM) organic orders up 21% compared to prior year TTM period.Diluted EPS of $1.02 and adjusted diluted EPS(1) of $1.24, up 63% from third quarter 2024Third quarter net sales up 29% and organic net sales(1) up 28% compared to prior year third quarterOperating profit of $517 million, up 39% from third quarter 2024, and adjusted operating profit(1) of $596 million, up 43% from third quarter 2024Adjusted operating margin of 22.3%, up 220 basis points compared to third quarter 2024 and up 380 basis points sequentially from second quarter
- Vertiv Announces Date of Third Quarter 2025 Earnings Release and Conference CallCOLUMBUS, Ohio, Oct. 8, 2025 /PRNewswire/ -- Vertiv Holdings Co. (NYSE:VRT), a global leader in critical digital infrastructure, today announced it will report its third quarter 2025 results before market open on Wednesday, October 22, 2025. The press release will contain a link to the presentation materials providing a third quarter 2025 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can
- Vertiv Reports Strong Orders, Sales, and EPS Growth; Raises Full Year GuidanceSecond quarter diluted EPS of $0.83 and adjusted diluted EPS(1) of $0.95, up 42% from second quarter 2024Net sales up 35%, operating profit up 32% and adjusted operating profit(1) up 28%, each year-over-yearOrganic order growth of ~15% year-over-year and ~11% sequential improvement; trailing twelve-month (TTM) organic order growth of ~11% year-over-yearBacklog strengthened to $8.5 billion, with robust orders driving a book-to-bill ratio of ~1.2xRaising full year 2025 guidance for adjusted diluted EPS, net sales, adjusted operating profit and adjusted free cash flowCOLUMBUS, Ohio, July 30, 2025 /PRNewswire/ -- Vertiv Holdings Co (NYSE:VRT), a global leader in critical digital infrastructure,
- Vertiv Announces Date of Second Quarter 2025 Earnings Release and Conference CallCOLUMBUS, Ohio, July 16, 2025 /PRNewswire/ -- Vertiv Holdings Co. (NYSE:VRT), a global leader in critical digital infrastructure, today announced it will report its second quarter 2025 results before market open on Wednesday, July 30, 2025. The press release will contain a link to the presentation materials providing a second quarter 2025 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can
- Vertiv Reports Strong First Quarter 2025 ResultsStrong first quarter trailing twelve-month (TTM) orders growth of ~20%, with first quarter orders up ~13% compared to last year's first quarter and up ~21% sequentially from fourth quarter 2024First quarter book-to-bill ratio of ~1.4x. Backlog 10% higher than year-end and up 25% from end of first quarter 2024First quarter net sales of $2,036 million, 24% higher than first quarter 2024, with organic net sales up 25%First quarter diluted EPS of $0.42 and adjusted diluted EPS(1) of $0.64, up ~49% from first quarter 2024. First quarter operating profit of $291 million and adjusted operating profit(1) of $337 million, up 43% and 35% respectively from first quarter 2024Raising full year 2025 net s
- Vertiv Announces Date of First Quarter 2025 Earnings Release and Conference CallCOLUMBUS, Ohio, April 9, 2025 /PRNewswire/ -- Vertiv Holdings Co. (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its first quarter 2025 results before market open on Wednesday, April 23, 2025. The press release will contain a link to the presentation materials providing a first quarter 2025 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the
- Vertiv Reports Strong Fourth Quarter 2024 ResultsFourth quarter diluted EPS of $0.38 and adjusted diluted EPS(1) of $0.99, up 77% from fourth quarter 2023 Net sales of $2,346 million, 26% higher than fourth quarter 2023. Operating profit of $457 million, up 60% from fourth quarter 2023, and adjusted operating profit(1) of $504 million, up 53% from fourth quarter 2023. Strong fourth quarter trailing twelve-month (TTM) organic orders up ~30% compared to prior year TTM period; Americas TTM organic orders up ~50%+ with strong growth across all market verticals. Adjusted operating margin(1) of 21.5%, up 380 basis points compared to fourth quarter 2023 Operating cash flow of $425 million and adjusted free cash flow(1) of $362 milli
- Vertiv Announces Date of Fourth Quarter and Full Year 2024 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2024 results before market open on Wednesday, February 12, 2025. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the confere
- Vertiv Reports Strong Third Quarter 2024 Results and Raises Full Year GuidanceNet sales of $2,074 million, 19% higher than third quarter 2023. Operating profit of $372 million, up 48% from third quarter 2023, and adjusted operating profit(1) of $417 million, up 41% from third quarter 2023 Strong third quarter trailing twelve-month (TTM) organic orders up ~37% compared to prior year TTM period. Third quarter organic orders growth of ~17% vs. prior year Adjusted operating margin(1) of 20.1%, up 310 basis points compared to third quarter 2023 Diluted EPS of $0.46 and adjusted diluted EPS(1) of $0.76, above high-end of prior guidance Operating cash flow of $375 million and adjusted free cash flow(1) of $336 million in third quarter 2024. Net leverage of 1.4x at
- Vertiv Announces Date of Third Quarter 2024 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2024 results before market open on Wednesday, October 23, 2024. The press release will contain a link to the presentation materials providing a third quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
- Vertiv Reports 57% Organic Orders Growth, 13% Net Sales Growth and 63% Operating Profit Growth in Second Quarter; Raises Full Year 2024 OutlookSecond quarter 2024 organic orders up 57% compared to second quarter 2023, and up 37% on a trailing twelve-month basis Second quarter 2024 net sales of $1,953 million, 13% higher than second quarter 2023 and organic net sales growth(1) of 14% Second quarter 2024 operating profit of $336 million, up 63% from second quarter 2023, and adjusted operating profit(1) of $382 million, up 52% from second quarter 2023 Adjusted operating margin(1) of 19.6%, up 510 basis points compared to second quarter 2023 Raising 2024 net sales guidance to $7,665 million at the midpoint, $50 million higher than prior guidance Raising 2024 operating profit guidance to $1,256 million at the midpo
- Vertiv Announces Date of Second Quarter 2024 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2024 results before market open on Wednesday, July 24, 2024. The press release will contain a link to the presentation materials providing a second quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
- Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 OutlookFirst quarter 2024 organic orders up 60% compared to first quarter 2023, book-to-bill ratio 1.5x in first quarter 2024 and record high $6.3 billion backlog at the end of first quarter 2024 First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 First quarter 2024 operating profit of $203 million and adjusted operating profit(1) of $249 million, up 42% from first quarter 2023 Accelerated capital deployment with $600 million in share repurchases (~9.1 million shares at $66/share weighted average price) in first quarter 2024 Raising full year 2024 guidance, expect net sales growth of 12% at the midpoint, operating profit of $1,150 to $1,200 million and ad
- Vertiv Announces Date of First Quarter 2024 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its first quarter 2024 results before market open on Wednesday, April 24, 2024. The press release will contain a link to the presentation materials providing a first quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available f
- Vertiv Reports Strong Fourth Quarter Results and Provides Full Year 2024 OutlookFourth quarter net sales of $1,865 million, 13% higher than the fourth quarter of 2022 Fourth quarter organic orders up 23% from fourth quarter 2022. Record high $5.5 billion backlog at the end of fourth quarter 2023 Fourth quarter operating profit of $285 million and adjusted operating profit(1) of $330 million, up 57% from fourth quarter 2022 Operating cash flow of $356 million and adjusted free cash flow(1) of $305 million, an increase of $162 million over the fourth quarter 2022. Net leverage of 1.9x at end of fourth quarter 2023 Full year 2023 operating cash flow of $901 million and adjusted free cash flow of $778 million, an increase of $1,038 million compared to full yea
- Vertiv Announces Date of Fourth Quarter and Full Year 2023 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2023 results before market open on Wednesday, February 21, 2024. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the confere
- Vertiv Reports Strong Third Quarter Results and Raises Full Year 2023 OutlookThird quarter net sales of $1,743 million, 18% higher than the third quarter of 2022 and organic net sales growth(1) of 17% Third quarter orders up 11% (excluding foreign exchange) from last year. Record high $5.0 billion backlog Third quarter operating profit of $251 million and adjusted operating profit(1) of $296 million, exceeding high-end of guidance range by $36 million Adjusted operating margin(1) of 17.0%, up 790 basis points compared to last year's third quarter Operating cash flow of $249 million and adjusted free cash flow(1) of $221 million, an increase of $242 million over the third quarter 2022 Net leverage of 2.4x at end of third quarter and forecasted to be ~
- Vertiv Announces Date of Third Quarter 2023 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2023 results before market open on Wednesday, October 25, 2023. The press release will contain a link to the presentation materials providing a third quarter 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
- Vertiv Reports Strong Second Quarter Results and Raises Full Year 2023 OutlookSecond quarter net sales of $1,734 million, 24% higher than the second quarter of 2022 and organic net sales growth(1) of 25% Second quarter operating profit of $206 million and adjusted operating profit(1) of $251 million, an increase of $169 million compared to second quarter 2022. Adjusted operating margin(1) of 14.5%, up 860 basis points compared to last year's second quarter Operating cash flow of $254 million and adjusted free cash flow(1) of $227 million, an increase of $460 million over the second quarter 2022 Raising 2023 net sales guidance to $6,810 million at the midpoint, $285 million higher than prior guidance Raising 2023 operating profit guidance to $768 million
- Vertiv Announces Date of Second Quarter 2023 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2023 results before market open on Wednesday, August 2, 2023. The press release will contain a link to the presentation materials providing a second quarter 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
- Vertiv Reports First Quarter Operating Profit of $130 Million and Adjusted Operating Profit(1) of $176 Million, Up $163 Million; Operating Cash Flow of $42 Million, Up $174 Million; Full Year 2023 Profit Guidance RaisedStrong first quarter net sales growth of 32% and organic net sales growth(1) of 35%, supported by improved operational performance and backlog execution Operating profit of $130 million and adjusted operating profit of $176 million in first quarter 2023, exceeding high-end of guidance range by $41 million Increasing full year 2023 operating profit guidance at the midpoint to $618 million, and adjusted operating profit guidance(1) at the midpoint to $800 million, up 82% compared to 2022 Vertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2023. Vertiv repo
- Vertiv Announces Date of First Quarter 2023 Earnings Release and Conference CallVertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its first quarter 2023 results before market open on Wednesday, April 26, 2023. The press release will contain a link to the presentation materials providing a first quarter 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available f
- Vertiv Reports Record Fourth Quarter 2022 Net Sales, Operating Profit, Adjusted Operating Profit(1) and Price Realization; Raising Operating Profit and Adjusted Operating Profit Guidance for 2023Sales of $1,655 million, operating profit of $162 million and adjusted operating profit of $211 million in fourth quarter 2022 Fourth quarter price realization of $135 million. Net price-cost tailwind of $80 million in fourth quarter 2022 Record high backlog of $4.8 billion provides good visibility into top-line growth projections for 2023 Fourth quarter financial performance provides momentum for strong 2023. Expect 2023 net sales growth of 15%, operating profit of $568 million to $618 million and adjusted operating profit of $750 million to $800 million, up 76% at the midpoint of guidance compared to 2022 Vertiv Holdings Co (NYSE:VRT), a global provider of critical digital infras
- Vertiv Announces Date of Fourth Quarter and Full Year 2022 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2022 results before market open on Wednesday, February 22, 2023. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2022 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of
- Vertiv Reports Third Quarter Sales Growth of 20.5%, Operating Profit of $80 Million and Adjusted Operating Profit(1) of $134 MillionStrong net sales growth of 20.5% and organic net sales growth of 20.1%(1) compared with third quarter 2021 Third quarter orders up 15% (excluding foreign exchange) compared to third quarter 2021 Year-over-year pricing of $110 million. Price-cost was a tailwind of $35 million in third quarter. Reaffirms fourth quarter 2022 operating profit guidance of $170 million to $190 million and adjusted operating profit of $220 million to $240 million communicated earlier in October Reaffirms 2023 operating profit guidance of $530 million to $550 million and adjusted operating profit guidance of $730 million to $750 million Vertiv Holdings Co (NYSE:VRT), a global provider of critical digital
- Vertiv Announces Date of Third Quarter 2022 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2022 results before market open on Wednesday, October 26, 2022. The press release will contain a link to the presentation materials providing a third quarter 2022 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also b
- Vertiv Announces CEO SuccessionVertiv names Giordano Albertazzi as COO effective immediately and as successor CEO effective January 1, 2023 Reaffirms third quarter 2022 at lower end of guidance range, adjusts fourth quarter 2022 guidance primarily for foreign exchange Updates outlook for 2023 operating profit to $530 million - $550 million and adjusted operating profit to $730 million - $750 million1 Names Joseph DeAngelo to the Board of Directors Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that Rob Johnson, Chief Executive Officer, will retire from his position as CEO for health reasons effective December 31, 2022. Effective immediately, Gior
- Vertiv Second Quarter Operating Profit of $26 Million and Adjusted Operating Profit(1) of $82 Million Exceed Mid-point of GuidanceStrong demand continued. Second quarter orders up 17% (10% from price) from last year. Record high $4.4 billion backlog Strong net sales growth of 11.0% and organic net sales growth of 7.9% compared with second quarter 2021 Lowering full year adjusted operating profit guidance to $475 million - $500 million, $37.5 million lower at mid-point of guidance range including $25 million from foreign currency Increasing fourth quarter sales and adjusted operating profit guidance which positions us well for a strong 2023 Vertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its second quarter ended
- Vertiv Announces Date of Second Quarter 2022 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2022 results before market open on Wednesday, August 3, 2022. The press release will contain a link to the presentation materials providing a second quarter 2022 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also b
- Vertiv Exceeds First Quarter Guidance and Reports Net Sales Increase of 5.3%, Orders Growth of 34%End-market demand continued to be strong with first quarter 2022 orders up 34% from last year's first quarter and record-high backlog of $4.1 billion First quarter operating loss of $45 million and adjusted operating profit of $13 million,(1) negatively impacted by inflation headwinds and continued supply chain constraints Pricing realization of $40 million in first quarter 2022 exceeded forecast by $10 million. Quarterly adjusted operating profit expected to sequentially increase in 2022 with continued aggressive pricing actions Vertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first
- Vertiv Announces Date of First Quarter 2022 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its first quarter 2022 results before market open on Wednesday, April 27, 2022. The press release will contain a link to the presentation materials providing a first quarter 2022 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be
- Vertiv's Fourth Quarter Challenged by Inflationary and Supply Chain Pressures; Expect Pricing Actions Taken to Generate Strong Second Half 2022 and Provide Momentum Into 2023End-market demand remained strong with fourth quarter 2021 orders up 51% from last year's fourth quarter and record-high Vertiv backlog of $3.2 billion. Fourth quarter net sales growth of 8% and organic net sales growth(1) of 4% versus fourth quarter 2021. Fourth quarter operating loss of $4 million and adjusted operating profit(1) of $94 million negatively impacted by accelerating inflation headwinds and continued supply chain constraints. Full year 2022 guidance at the midpoint: net sales of $5.7 billion (net sales growth of 13%), organic net sales growth(2) of 8%, diluted earnings per share of $0.11 and adjusted diluted earnings per share(1) of $0.70. Operating profit of $301 millio
- Vertiv Announces Date of Fourth Quarter and Full Year 2021 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2021 results before market open on Wednesday, February 23, 2022. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call will be available in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available for 30 days following the webcast. About Vertiv Holdings Co Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services
- Vertiv Reports 5.8% Net Sales Growth, 17.2% Orders Growth and Record Backlog in Third QuarterRobust end-market demand continued with double-digit order growth and record backlog of $2.4 billion. Net sales growth of 5.8% and organic net sales growth of 3.9% versus prior year third quarter. Third quarter operating profit of $82 million and adjusted operating profit of $131 million(1), with operating profit margin of 6.7% and adjusted operating profit margin of 10.7%. Adjusted operating profit margin 490 basis points higher than prior year third quarter. Diluted earnings per share of $0.15, up $0.47 and adjusted diluted earnings per share of $0.20(1) up $0.15 from prior year quarter. Year-to-date net operating cash flow of $174 million increased $160 million, and year-to-dat
- Vertiv Announces Date of Third Quarter 2021 Earnings Release and Conference CallVertiv Holdings Co (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2021 results before market open on Wednesday, Oct. 27, 2021. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call will be available in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available for 30 days following the webcast. About Vertiv Holdings Co Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services to ensure its cust
- Vertiv to Acquire the E&I Engineering GroupStrategic Transaction Significantly Expands Vertiv's Offering; Vertiv Also Updates Business Conditions Meaningfully completes Vertiv's data center offering by adding a leading independent provider of switchgear, busway and modular power solutions; Expands Vertiv's addressable market by $7 billion, entering an attractive global market growing at mid-single digits; Expected to be accretive to Vertiv's organic growth, adjusted operating margins, cash flow and adjusted EPS; and Core Vertiv business continues to see robust order and backlog growth but supply chain disruptions have accelerated; updating guidance to reflect latest market conditions. Vertiv Holdings Co ("Vertiv") (NYSE:V
- Vertiv Reports 25% Net Sales Growth and Record Backlog in Second Quarter; Raises Full Year Guidance for 2021Diluted earnings per share of $0.03 increased $0.20 and adjusted diluted earnings per share of $0.31(1) increased $0.15 from last year's second quarter. Customer demand remains robust with net sales growth of 25% and organic net sales growth of 20% from last year's second quarter, with double-digit sales growth in all regions. Record backlog of $2.3 billion at the end of June. Order growth of 24% compared to prior year's second quarter. Second quarter operating profit of $102 million increased $32 million, or 45%, and adjusted operating profit of $134 million increased $31 million, or 30%, from last year's second quarter. Adjusted operating margin of 10.6%, up 40 basis points. Stro