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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.

News

CORRECTING and REPLACING PHOTO Vertiv Collaborates with Intel on Liquid Cooled Solution for the Intel® Gaudi®3 AI Accelerator Platform

Rhea-AI Summary
Vertiv (NYSE: VRT) collaborates with Intel (Nasdaq: INTC) on liquid-cooled solution for the Intel® Gaudi®3 AI accelerator platform. The collaboration aims to provide a liquid cooling solution that will support the revolutionary new Intel Gaudi3 AI accelerator, scheduled to launch in 2024. The solution will enable both liquid-cooled and air-cooled servers, offering more efficient and eco-friendly cooling options. The medium pressure direct P2P refrigerant-based cooling solution will help customers implement heat reuse, warm water cooling, free air cooling, and reductions in power usage effectiveness, water usage effectiveness, and total cost of ownership.
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Vertiv Hosts Investor Conference and Raises 2023 Guidance

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Vertiv (NYSE: VRT) Raises Full Year 2023 Guidance Range, Authorizes $3 Billion Share Repurchase Plan Over Four Years, and Raises 2023 Dividend
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Vertiv to Hold Investor Conference on November 29, 2023

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Vertiv (NYSE: VRT) to Hold Investor Conference on November 29, 2023, to Update on Vision, Strategy, and Financial Performance
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Vertiv Reports Strong Third Quarter Results and Raises Full Year 2023 Outlook

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Vertiv Holdings Co reported third quarter net sales of $1,743 million, an increase of 18% compared to last year. Orders increased by 11%. The company raised its full year 2023 operating profit and adjusted free cash flow guidance. Net leverage is forecasted to decrease to ~2.1x by year-end. Vertiv's CEO highlighted the strong market demand for the company's products and services.
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Vertiv Announces Date of Third Quarter 2023 Earnings Release and Conference Call

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Vertiv to report Q3 2023 results on October 25, 2023.
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Vertiv Announces Pricing of Secondary Offering by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

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Vertiv Holdings Co (NYSE: VRT) Announces Pricing of Secondary Offering
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Vertiv Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

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Vertiv Holdings Co announces underwritten secondary offering of up to 20,000,000 shares of Class A common stock by Platinum Equity, LLC affiliate.
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Vertiv Reports Strong Second Quarter Results and Raises Full Year 2023 Outlook

Rhea-AI Summary
Vertiv Holdings Co reported second quarter net sales of $1,734 million, a 24% increase compared to last year. They also raised their 2023 net sales guidance to $6,810 million, an increase of $285 million. The company's operating profit and adjusted operating profit also saw significant improvements compared to the previous year. The CEO expressed optimism about the growth potential in the industry, particularly in data center infrastructure driven by AI. The company's strong financial performance and improved cash flow were highlighted as well. Overall, the company's positive results and increased guidance could positively affect its stock price.
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Vertiv Announces Date of Second Quarter 2023 Earnings Release and Conference Call

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Vertiv to report Q2 2023 results on August 2, 2023
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Vertiv Releases 2022 Environmental, Social and Governance Report, Detailing ESG Initiatives and Achievements in Second Annual ESG Report

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Vertiv releases second annual report on environmental, social, and governance efforts, highlighting initiatives across key areas. Efforts include expanding product portfolio, launching diversity training, centralizing employee wellness programs, driving positive change in communities, reducing environmental impacts, and commitment to supply chain integrity.
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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 $140.15 as of November 22, 2024.

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

The market cap of Vertiv Holdings Co (VRT) is approximately 52.7B.

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.

Stock VRT logo
Vertiv Holdings Co

NYSE:VRT

VRT Rankings

#263 Ranked by Market Cap
#2125 Ranked by Dividends

VRT Stock Data

52.73B
371.43M
0.92%
87.41%
4.91%
Electrical Equipment & Parts
Electronic Components, Nec
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United States of America
WESTERVILLE