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Giordano Albertazzi assumed role as CEO on January 1, 2023 Albertazzi confirms focus on operational excellence, profitable growth, high-performance culture, and innovation Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, to...
Summary Economic growth is currently robust, but there are real recession risks looming which could hurt domestic small and mid-caps. One cyclical Industrial sector company has an upbeat outlook, though, and its valuation has improved. After a significant rally from its Q2 and Q3 lo...
Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in the Deutsche Bank 2022 Industrials Conference. Rob Johnson, current Chief Executive Officer; Giordano Albertazzi, incoming CEO and curr...
Vertiv Holdings Co (VRT) Q3 2022 Earnings Conference Call October 26, 2022, 11:00 AM ET Company Participants Lynne Maxeiner - VP. IR Dave Cote - Executive Chairman Rob Johnson - CEO David Fallon - CFO Giordano Albertazzi - Chief Operating Officer and Pres...
Vertiv press release ( NYSE: VRT ): Q3 Non-GAAP EPS of $0.23 beats by $0.02 . Revenue of $1.48B (+20.3% Y/Y) beats by $10M . Q4 sales outlook of $1.64B to $1.7B vs. consensus of $1.69B and adjusted EPS of $0.29 to $0.35 vs. consensus of $0.34. FY sales outl...
Strong 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 mill...
Vertiv ( NYSE: VRT ) is scheduled to announce Q3 earnings results on Wednesday, October 26th, before market open. The consensus EPS Estimate is $0.21 (+5.0% Y/Y) and the consensus Revenue Estimate is $1.47B (+19.6% Y/Y). Over the last 2 years, VRT has beaten EPS esti...
The week ending Oct. 21, saw a strong performance from the industrial sector as the broader market also gained. The SPDR S&P 500 Trust ETF ( SPY ) was back in the the green ( +4.66% ) aided by hopes that even though the U.S. Federal Reserve may raise rates by 7...
Update 9:40am : Updates shares, confirms Starboard stake. Vertiv ( NYSE: VRT ) rose 10% after activist Starboard Value built a stake in the company that provides equipment and services providers to data centers. Starboard disclosed a 7.4% stake in a 13-D ...
Vertiv ( NYSE: VRT ) rose 6.8% in premarket trading on a report that activist Starboard Value has a built a sizeable stake in the company that provides equipment and services providers to data centers. Starboard is said to be advocating for operational improvements and...
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Second 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 pro...
2024-07-19 06:44:00 ET Fool.com contributor Parkev Tatevosian previews the upcoming investor update from Vertiv (NYSE: VRT) . *Stock prices used were the afternoon prices of July 15, 2024. The video was published on July 17, 2024. Continue reading For further...
2024-07-17 09:45:00 ET Artificial intelligence (AI) has undoubtedly played a big role in fueling positive market sentiment over the last two years. At the same time, investors should be aware that not all AI opportunities have the same potential. One pocket of the AI landscape that I think ...