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Vertiv Holdings Co - $VRT STOCK NEWS

Welcome to our dedicated page for Vertiv Holdings Co news (Ticker: $VRT), a resource for investors and traders seeking the latest updates and insights on Vertiv Holdings Co stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vertiv Holdings Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vertiv Holdings Co's position in the market.

Rhea-AI Summary

Vertiv (VRT) will be participating in two upcoming investor conferences in May. David Fallon, CFO, will present at Oppenheimer's 19th Annual Industrial Growth Conference on May 6, 2024, and Giordano Albertazzi, CEO, along with Mr. Fallon, will present at the Bank of America Transportation, Airlines, and Industrials Conference on May 14, 2024. Both events will have live webcasts and related materials available on Vertiv's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
conferences
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Rhea-AI Summary
Vertiv Holdings Co (NYSE: VRT) reported impressive financial results for the first quarter of 2024, with a 60% increase in organic orders, 8% growth in net sales, and a record high backlog of $6.3 billion. The company also saw a significant increase in operating profit and adjusted operating profit compared to the previous year. Vertiv raised its full-year 2024 guidance, expecting substantial growth in net sales and operating profit. The strong performance was driven by increasing demand for AI deployments and critical digital infrastructure solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.82%
Tags
none
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Rhea-AI Summary
Vertiv (VRT) will report its first quarter 2024 results on April 24, 2024. The management team will discuss the results during a conference call at 11 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
Tags
Rhea-AI Summary
Vertiv introduces Vertiv™ 360AI pre-engineered infrastructure for high-performance computing, aiming to accelerate AI adoption with up to 2x faster deployment. The solutions offer streamlined power and cooling for AI workloads, including flexible cooling strategies and prefabricated modular solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
Tags
AI
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News
Rhea-AI Summary
Vertiv partners with NVIDIA to enhance support for accelerated computing and AI workloads
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
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News
Rhea-AI Summary
Vertiv (VRT) declares a quarterly cash dividend of $0.025 per share for Class A common stock, payable on March 28, 2024. The dividend is for shareholders of record as of March 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
Tags
dividends
Rhea-AI Summary
Vertiv (VRT) to participate in J.P. Morgan Industrials Conference in New York City. CEO and CFO to present at the event on March 13, 2024. Webcast and presentation materials available on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
conferences
-
Rhea-AI Summary
Vertiv Holdings Co (VRT) reports strong financial results for Q4 2023 with net sales of $1,865 million, a 13% increase from Q4 2022. Operating profit rose to $285 million, and adjusted operating profit reached $330 million, up 57% from the previous year. The company expects significant growth in 2024 with projected net sales growth of 10% and adjusted operating profit increase of 23% compared to 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.59%
Tags
-
Rhea-AI Summary
Vertiv (VRT) will report its Q4 and full year 2023 results on February 21, 2024. The management team will discuss the results during a conference call and a webcast will be available on Vertiv's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
Rhea-AI Summary
Vertiv Holdings Co (NYSE: VRT) completes the repricing of Vertiv Group Corporation's existing seven-year $2.1 billion Term Loan, reducing interest by 25 basis points to Term SOFR + 250 basis points, saving approximately $5.3 million per year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
Tags
none
Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Stock Data

34.82B
365.71M
8.01%
89.54%
2.61%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
WESTERVILLE

About VRT

vertiv brings together hardware, software, analytics and ongoing services to enable continuous and optimal running of vital applications for data centers, communication networks, and commercial and industrial facilities. its portfolio comprises of power, cooling and it infrastructure solutions and services, extending from the cloud to the edge of the network. for more information visit vertivco.com.