Earnings ·
Reports Q3 net sales of $4,313M and raises full-year guidance to $14,650M
VRTVertiv Holdings Co
Vertiv Holdings Co reported third-quarter net sales of $4,313 million, a 61% increase from the prior year period. Diluted earnings per share grew 91% to $1.95, while adjusted diluted EPS rose 78% to $2.21. The company raised its full-year 2026 net sales guidance midpoint by $650 million to $14,650 million and increased full-year adjusted diluted EPS guidance to $7.15. Vertiv operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions for data centers.