Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 Outlook [Yahoo! Finance]
Vertiv Holdings, LLC Class A (VRT)
Company Research
Source: Yahoo! Finance
First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 First quarter 2024 operating profit of $203 million and adjusted operating profit of $249 million, up 42% from first quarter 2023 Accelerated capital deployment with $600 million in share repurchases (~9.1 million shares at $66/share weighted average price) in first quarter 2024 Raising full year 2024 guidance, expect net sales growth of 12% at the midpoint, operating profit of $1,150 to $1,200 million and adjusted operating profit of $1,325 to $1,375 million, a 28% increase at the midpoint compared to full year 2023 COLUMBUS, Ohio, April 24, 2024 BUSINESS WIRE )--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2024. Vertiv reported first quarter 2024 net sales of $1,639 million, an increase of $118 million, or 8%, compared to last year's first quarter. The book-t
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News
- Calculating The Intrinsic Value Of Vertiv Holdings Co (NYSE:VRT) [Yahoo! Finance]Yahoo! Finance
- Vertiv Holdings Co. (VRT) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Vertiv Holdings Co. (VRT) Hits Fresh High: Is There Still Room to Run? [Yahoo! Finance]Yahoo! Finance
- Vertiv to Participate in Upcoming ConferencesBusiness Wire
- Vertiv Holdings Co (NYSE: VRT) had its price target raised by analysts at Mizuho from $56.00 to $95.00. They now have a "neutral" rating on the stock.MarketBeat
VRT
Earnings
- 4/24/24 - Beat
VRT
Sec Filings
- 5/3/24 - Form 144
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- VRT's page on the SEC website