Vertiv Rides AI Boom To 26% Sales Growth, But Stock Slips On Mixed Outlook

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Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported fourth-quarter results. Net sales rose 26% year-over-year to $2.346 billion, beating the consensus of $2.151 billion. Organic orders (excluding FX) for the TTM ended December 2024 rose ~30% YoY, led by strong demand in the hyperscale and colocation data center market. Adjusted operating profit surged 53% Y/Y to $504 million, with the margin expanding 380 basis points to 21.5%, aided by higher volumes, strong commer