secwatch.observer — SEC 8-K summary
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Issuer:     Vertiv Holdings Co (VRT)
CIK:        0001674101
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001628280-23-026549
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertiv Q2 net sales $1,734M (+24% YoY), raises FY guidance across all metrics
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- Q2 net sales $1,734M (+24% YoY, organic +25%); adjusted op margin 14.5% (+860 bps YoY).
- Operating cash flow $254M, adjusted free cash flow $227M; net leverage 3.1x, forecast ~2.3x year-end.
- FY 2023 guidance raised: net sales $6,710-$6,910M (midpoint +$285M), adj FCF $525-$575M (midpoint +$200M).
- Q3 adj diluted EPS guidance $0.41-$0.46; full-year adj EPS $1.54-$1.64.
- Orders declined 3% ex-FX but book-to-bill 1.0x; CEO highlights AI as long-term tailwind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674101/000162828023026549/0001628280-23-026549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674101/000162828023026549/vrt-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026549

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer