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.
News and disclosures about Vertiv Holdings Co (NYSE: VRT) focus on its role in critical digital infrastructure for data centers, communication networks, and commercial and industrial facilities. Company press releases highlight developments in power, cooling and IT infrastructure solutions and services that support high‑density computing, AI data centers and high‑performance computing (HPC) environments.
Recent news has covered Vertiv’s introduction of the Vertiv MegaMod HDX, a prefabricated power and liquid cooling infrastructure solution engineered for AI and HPC deployments. Announcements describe how this hybrid cooling architecture integrates direct‑to‑chip liquid cooling with air‑cooled systems to address the thermal demands of AI workloads and advanced GPU clusters, while offering modular designs intended to accelerate data center deployment.
Vertiv’s news flow also includes strategic moves such as the completed acquisition of PurgeRite, a provider of mechanical flushing, purging and filtration services for data centers and other mission‑critical facilities. This transaction is presented as enhancing Vertiv’s thermal management services and strengthening its position in next‑generation liquid cooling services for high‑density and AI‑driven environments.
Other company communications discuss macro trends shaping data center design, including extreme densification, gigawatt‑scale buildouts, higher‑voltage DC power architectures, digital‑twin‑driven design, and adaptive liquid cooling. Vertiv has reported collaborations and reference architectures for AI factories, as well as agreements with partners such as Caterpillar and Solar Turbines to integrate power generation and cooling portfolios into pre‑designed energy solutions for AI data centers.
Investors and observers following VRT news can expect updates on product launches, AI and liquid cooling initiatives, acquisitions, dividend declarations, credit agreement amendments, and quarterly financial results, all framed around Vertiv’s stated mission of supporting vital digital infrastructure from the cloud to the edge.
Vertiv Holdings Co (NYSE: VRT) announced a private placement offering of $850 million in Senior Secured Notes due 2028. Proceeds will finance the upcoming acquisition of E&I Engineering Ireland Limited and Powerbar Gulf LLC, alongside covering related fees. The Notes will not be registered under the Securities Act and will be offered only to qualified institutional buyers. They will be secured by liens on certain assets of the Issuer and its subsidiaries. Vertiv continues to expand its critical digital infrastructure solutions globally, with a workforce of approximately 20,000 across over 130 countries.
Vertiv Holdings Co (NYSE: VRT) is set to report its third quarter results on October 27, 2021, before market open. The management team will conduct a conference call at 11 a.m. Eastern Time to discuss these results. Investors can access the live webcast through the Investor Relations section of Vertiv's website and a replay will be available for 30 days post-call. Vertiv provides essential digital infrastructure and continuity solutions, helping customers optimize their vital applications across data centers and networks globally.
Vertiv has announced a definitive agreement to acquire E&I Engineering Ireland Limited and its affiliate, Powerbar Gulf LLC, for approximately $1.8 billion, with a potential additional $200 million based on 2022 profit milestones. This strategic acquisition aims to enhance Vertiv's data center offerings, expanding its addressable market by $7 billion. Despite robust order growth and a record backlog, supply chain disruptions have led to revised financial guidance. The transaction is expected to close in Q4 2021 and is anticipated to be accretive to Vertiv's growth and profitability.
Vertiv Holdings Co (NYSE: VRT) reported strong Q2 2021 results, with net sales reaching $1,260 million, a 25.3% increase year-over-year. EMEA sales surged 50.1%, APAC rose 23.3%, and Americas grew 16.5%. Orders grew 24.4%, pushing backlog to a record $2.3 billion. Adjusted operating profit was $134 million, up $31 million, while diluted EPS increased to $0.03. The company raised its full-year sales guidance to 14% growth at midpoint, despite facing material inflation and supply chain challenges.
Vertiv Holdings Co (NYSE: VRT) will announce its second quarter 2021 financial results on July 28, 2021, before market opens. A conference call is scheduled for the same day at 11 a.m. Eastern Time, where management will discuss the results. Investors can access the live webcast through the Investor Relations section of Vertiv's website, which will also host a replay for 30 days post-event.
Vertiv specializes in providing critical digital infrastructure and continuity solutions to enhance data center and network performance globally.
Vertiv Holdings Co (NYSE: VRT) reported strong first quarter 2021 results, with net sales of $1,098 million, a 22.4% increase year-over-year. Global demand in the cloud and colocation data center markets drove this growth, particularly in the APAC region, which saw a 59.6% rise. Net income reached $32 million, showing a significant improvement due to lower interest expenses and higher sales. Backlog increased to a record $2.1 billion. Vertiv raised its full-year adjusted operating profit guidance to $595 million, reflecting positive market trends despite anticipated challenges from commodity and freight costs.
Vertiv Holdings Co (NYSE: VRT) announced it will release its first quarter 2021 results before market open on April 28, 2021. The management team will hold a conference call on the same day at 11 a.m. Eastern Time to discuss the results. Investors can access a live webcast of the call via the Investor Relations section of Vertiv's website, with a replay available for 30 days afterward. Vertiv specializes in providing infrastructure solutions for data centers, communication networks, and industrial facilities, employing about 20,000 people across more than 130 countries.
Vertiv Holdings Co (NYSE: VRT) has successfully completed the repricing of its subsidiary Vertiv Group Corporation's seven-year $2.2 billion Term Loan. This action reduces the loan's interest rate by 25 basis points to LIBOR + 275 basis points, yielding annual interest savings of approximately $5.5 million. This strategic financial move enhances the company's financial position, allowing for greater resource allocation in its critical digital infrastructure solutions, aimed at optimizing data centers and communication networks globally.
Vertiv Holdings Co (NYSE: VRT) reported strong fourth quarter and full year 2020 results, with net sales of $1,306 million, an 11.4% year-over-year increase. Key growth was seen in EMEA with a 24.6% rise, driven by colocation and cloud data center projects. The company’s net income for Q4 reached $75 million, up significantly due to lower interest expenses and higher gross profit. Backlog rose to $1.85 billion, a 32% increase from 2019. For 2021, Vertiv forecasts net sales between $4,750 million and $4,800 million, with an organic growth rate of 6.5% to 7.5%. Adjusted EPS is projected at $1.01 to $1.06.
Verra Mobility (NASDAQ: VRRM) announced the appointment of Steven C. Lalla as Executive Vice President of Commercial Services, effective immediately. Lalla brings extensive experience from his previous role as EVP at Vertiv and positions at Dell and Motorola. His leadership is expected to enhance Verra Mobility's capabilities in providing outsourced tolling, violations management, and registration services for commercial fleets. CEO David Roberts expressed confidence in Lalla's ability to drive innovation and strengthen customer solutions.
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