VRT Stock Recent News
VRT LATEST HEADLINES
Vertiv's (VRT) recent dip offers an opportunity for investors driven by strong AI-driven order growth and expanding market share in the thermal management space.
VRT is an even better buy after the recent meltdown, attributed to the double-beat FQ2'24 earnings call and raised FY2024 guidance. Despite market concerns about the uncertain AI monetization, the management continues to report a growing multi-year backlog and expanding profit margins. VRT has also taken steps to increasingly monetize its existing/future installed data center base, attributed to the expansion of its service management and predictive maintenance segment.
Despite a softer revenue guide for one segment this company will show growth in 2024 and accelerate growth in 2025.
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in the upcoming 10th Annual TD Cowen Communications Infrastructure Summit in Boulder, Colorado. Giordano Albertazzi, Chief Executive Officer, and Scott Armul, Vice President Global Strategic Accounts, will participate in a fireside chat at the event on Tuesday, August 13, 2024 at 2:55 p.m. Mountain time (4:55 p.m. Eastern time). A.
Vertiv (VRT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Given the worries about AI market rotation, Vertiv Holdings investors were hammered as the stock fell into a bear market. VRT is a fundamentally strong company with a leading AI infrastructure solutions portfolio. It has a robust opportunity in data center power and thermal management solutions, particularly in liquid cooling technologies.
Vertiv's (VRT) second-quarter 2024 results reflect strong order growth, solid organic growth and margin expansion.
Nvidia (NVDA) parter Vertiv (VRT) posted higher profit and sales as orders soared and it benefited from surging demand for artificial intelligence (AI).
Vertiv Holdings Co (NYSE:VRT ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Corporate Participants Lynne Maxeiner - Vice President of Investor Relations Dave Cote - Executive Chairman Gio Albertazzi - Chief Executive Officer David Fallon - Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Steve Tusa - JPMorgan Nicole DeBlase - Deutsche Bank Mark Delaney - Goldman Sachs Andy Kaplowitz - Citigroup Scott Davis - Melius Research Michael Elias - TD Cowen Jeff Sprague - Vertical Research Partners Nigel Coe - Wolfe Research Noah Kaye - Oppenheimer Brett Linzey - Mizuho Operator Good morning, my name is Brica, and I will be your conference operator today. At this time, I would like to welcome everyone to the Vertiv's Second Quarter 2024 Earnings Conference Call.
