VRT Stock Recent News

Vertiv Holdings Co (NYSE:VRT ) Q1 2025 Earnings Conference Call April 23, 2025 11:00 AM ET Company Participants Lynne Maxeiner - VP, Global Treasury & Investor Relations David Cote - Executive Chairman Giordano Albertazzi - CEO & Director David Fallon - CFO Conference Call Participants Scott Davis - Melius Research Amit Daryanani - Evercore Steve Tusa - JPMorgan Jeff Sprague - Vertical Research Andrew Obin - Bank of America Merrill Lynch Nicole DeBlase - Deutsche Bank Andy Kaplowitz - Citigroup Nigel Coe - Wolfe Research Chris Snyder - Morgan Stanley Noah Kaye - Oppenheimer Operator Good morning. My name is Nadia, and I'll be your conference operator today.

Nvidia partner Vertiv's (VRT 11.90%) stock rose by as much as 21% in early morning trading as the company's first-quarter earnings report confirmed that there's nothing wrong with demand for data center equipment. The stock was up 10.5% around 12:30 p.m.

Pre-market futures remain up big after a welcome surge in Tuesday trading. Yesterday's session saw major indexes grow +2.5% or more, making up most of the losses that took down the stock market Monday.

Vertiv Holdings Co (NYSE:VRT) stock was last seen up 16.4% to trade at $83.60, after the data center infrastructure company reported better-than-expected first-quarter earnings and revenue and raised its full-year sales guidance.

CNBC's Jim Cramer breaks down why he's keeping an eye on shares of Vertiv and GE Vernova.

Thanks to its latest and better-than-expected earnings report, Vertiv (VRT), a data center infrastructure provider, reversed its prevailing 2025 stock market downtrend and soared in the Wednesday extended session.

Vertiv Holdings LLC's stock is heating up on Wednesday after the digital-infrastructure supplier lifted its 2025 sales forecast on demand from customers looking to build up data centers and artificial-intelligence computing.

Vertiv Holdings Co. (VRT) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.43 per share a year ago.

Strong first quarter trailing twelve-month (TTM) orders growth of ~20%, with first quarter orders up ~13% compared to last year's first quarter and up ~21% sequentially from fourth quarter 2024 First quarter book-to-bill ratio of ~1.4x. Backlog 10% higher than year-end and up 25% from end of first quarter 2024 First quarter net sales of $2,036 million, 24% higher than first quarter 2024, with organic net sales up 25% First quarter diluted EPS of $0.42 and adjusted diluted EPS(1) of $0.64, up ~49% from first quarter 2024.

The AI trade has cooled off significantly in 2025, a stark turnaround after big gains that spanned several years. While many have recalculated their bets, the staying power of AI is undeniable, and it will undoubtedly remain a focal point within the market for years to come.