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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.

Vertiv Holdings Co Class A Common Stock (symbol: VRT) is a leading provider in the field of critical digital infrastructure and continuity solutions. The company expertly integrates hardware, software, analytics, and ongoing services to ensure the seamless operation of essential applications for data centers, communication networks, and commercial and industrial facilities.

Vertiv’s comprehensive portfolio includes power, cooling, and IT infrastructure solutions, providing services that span from the cloud to the network edge. Their offerings are critical to sustaining the performance and growth of their customers' businesses, ensuring that vital applications run without interruption and perform at their best.

The company operates through three primary business segments: Americas, Asia Pacific, and Europe, Middle East & Africa. Vertiv’s diverse range of solutions includes critical power management, advanced thermal management, racks and enclosures, as well as robust monitoring and management systems.

Vertiv has made significant strides in recent years, achieving notable advancements in both technological innovation and market expansion. They have forged strategic partnerships and undertaken projects that fortify their position as an industry leader. These efforts underscore their commitment to solving the complex challenges faced by today’s data-driven, interconnected world.

For further information, visit Vertiv Holdings Co.

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Vertiv (NYSE: VRT), a leader in digital infrastructure and continuity solutions, has launched the Vertiv AI Hub. This new platform offers a comprehensive guide for deploying AI clusters and infrastructure strategies, including reference designs for major GPU chipsets. The AI Hub provides white papers, industry research, tools, and portfolios for scalable liquid cooling and power infrastructure supporting chipsets from 10-140kW per rack. It will be frequently updated with new content and includes an AI Infrastructure certification program for partners. Vertiv aims to address the knowledge gap in AI infrastructure while supporting current and future deployments.

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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.

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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.
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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.
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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.
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Vertiv partners with NVIDIA to enhance support for accelerated computing and AI workloads
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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.
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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.
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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.
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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.
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FAQ

What is the current stock price of Vertiv Holdings Co (VRT)?

The current stock price of Vertiv Holdings Co (VRT) is $118.74 as of December 24, 2024.

What is the market cap of Vertiv Holdings Co (VRT)?

The market cap of Vertiv Holdings Co (VRT) is approximately 44.6B.

What does Vertiv Holdings Co specialize in?

Vertiv Holdings Co specializes in providing critical digital infrastructure and continuity solutions for data centers, communication networks, and commercial and industrial facilities.

What are the main segments of Vertiv Holdings Co's business?

The main business segments of Vertiv Holdings Co are the Americas, Asia Pacific, and Europe, Middle East & Africa.

What types of products and services does Vertiv offer?

Vertiv offers a range of products and services including critical power management, thermal management, racks and enclosures, and advanced monitoring and management systems.

How does Vertiv help its customers?

Vertiv helps its customers by ensuring their vital applications run continuously, perform optimally, and grow with their business needs through its comprehensive portfolio of solutions.

Where can I find more information about Vertiv Holdings Co?

More information about Vertiv Holdings Co can be found on their official website at https://www.vertivco.com.

Has Vertiv Holdings Co formed any strategic partnerships?

Yes, Vertiv Holdings Co has formed strategic partnerships to enhance its market position and drive technological innovation in critical digital infrastructure.

What industries does Vertiv serve?

Vertiv serves industries that require reliable digital infrastructure, including data centers, communication networks, and commercial and industrial facilities.

What is the ticker symbol for Vertiv Holdings Co on the stock market?

The ticker symbol for Vertiv Holdings Co on the stock market is VRT.

What recent achievements has Vertiv made?

Vertiv has made significant advancements in technological innovation and market expansion, reinforcing its leadership in the critical digital infrastructure industry.

What is included in Vertiv's IT infrastructure solutions?

Vertiv's IT infrastructure solutions include critical power, thermal management, racks and enclosures, and monitoring and management systems.

Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Stock Data

44.57B
371.47M
0.91%
87.24%
4.44%
Electrical Equipment & Parts
Electronic Components, Nec
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United States of America
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