{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-017513","form_type":"8-K","ticker":"VRT","cik":"0001674101","company_name":"Vertiv Holdings Co","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.522828+00:00","generated_at":"2026-06-03T09:42:36.429278+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Vertiv Q1 net sales $1.64B (+8% YoY), organic orders up 60%; raises FY2024 guidance","bullets":["First-quarter net sales of $1,639M, up 8% YoY; organic orders surged 60% and book-to-bill reached 1.5x.","Adjusted operating profit of $249M (+42% YoY); adjusted operating margin expanded 370 bps to 15.2%.","Repurchased $600M of shares (9.1M shares at ~$66/share) in Q1; net leverage 2.2x.","Full-year 2024 guidance raised: net sales $7,540M-$7,690M (+12% midpoint), adjusted op. profit $1,325M-$1,375M.","Q2 2024 guidance: net sales $1,900M-$1,950M, adjusted diluted EPS $0.53-$0.57."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-017513","json":"https://secwatch.observer/filing/0001628280-24-017513.json","markdown":"https://secwatch.observer/filing/0001628280-24-017513.md","text":"https://secwatch.observer/filing/0001628280-24-017513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674101/000162828024017513/0001628280-24-017513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674101/000162828024017513/vrt-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:42:36.429278+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4fae08ee8378f2a0aef5db534122f8dc7d779d4e","claim":"Vertiv Holdings Co reported the three months ended March 31, 2024 results: revenue net sales of $1,639 million. Guidance raised.","evidence_excerpt":"to first quarter 2023, book-to-bill ratio 1.5x in first quarter 2024 and record high $6.3 billion backlog at the end of first quarter 2024 • First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 • First quarter 2024 operating profit of $203 million and adjusted operating profit (1) of $249 million, up 42% from first quarter 2023 •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674101/000162828024017513/0001628280-24-017513-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"net sales of $1,639 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}