Vertiv Shares Jump 16% After 61% Sales Growth and Higher 2026 Outlook
Photo: TokenPost
Vertiv shares rose 16.44% to $242.85 in premarket trading at 8:20 a.m. ET Wednesday, gaining $34.29 from Tuesday’s $208.56 close after the data center infrastructure company posted quarterly results and lifted its 2026 outlook. Vertiv Holdings Co. reported net sales of $4.313 billion for the quarter ended Sept. 30, up 61% year over year. Organic sales grew 55%, adjusted diluted earnings per share climbed 78% to $2.21, and diluted earnings per share under generally accepted accounting principles were $1.95. Organic orders more than doubled year over year.
Source: TokenPost
