News & Insights

Vertiv reports strong third quarter 2024 results and raises full year guidance

Oct 23, 2024

Vertiv reported third quarter 2024 net sales of $2,074 million, an increase of $331 million, or 19%, compared to last year’s third quarter. Organic orders (excluding foreign exchange) for the trailing twelve-month (TTM) period ended September 2024 were up ~37% compared to the September 2023 TTM period, consistent with ~37% TTM order growth at the end of second quarter 2024, driven by strength in the hyperscale and colocation data center market.

Vertiv issues 2023 responsible business report, providing updates on environmental impact and governance efforts and introducing ‘One Vertiv, One World’ plan

May 31, 2024

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its 2023 Responsible Business Report, which details progress in focus areas, and introduces the company’s “One Vertiv, One World” plan for advancing the principles of environmental stewardship, fostering a safe, inclusive, and engaged workplace, and conducting business in a responsible way.

Vertiv launches new AI hub, featuring industry’s first AI reference design portfolio for critical digital infrastructure

Jun 20, 2024

While artificial intelligence (AI) use cases are growing at an unprecedented rate, expert information is scarce for pioneering data centers. Vertiv recognizes this knowledge gap and the urgency of accessing this information, leading to the launch of their AI Hub.