Vertiv Q1 Net Sales Rise 30% to $2.65B on 23% Organic Growth, Driven by Data Center Demand
Vertiv reported Q1 net sales of $2.65 billion, a 30% increase year-over-year, driven by 23% organic growth and strong demand in data centers. The company's non-GAAP EPS of $1.17 exceeded expectations by $0.16, while revenue met forecasts.
Tickers: $VRT
Topics: AI Infrastructure Earnings Non-GAAP EPS Revenue Vertiv