secwatch.observer — SEC 8-K summary
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Issuer:     Vertiv Holdings Co (VRT)
CIK:        0001674101
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001628280-24-043343
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertiv Q3 net sales up 19% to $2.07B, adj. EPS $0.76, raises full-year guidance
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- Net sales $2,074M (+19% YoY); adj. operating margin 20.1% (+310 bps); adj. diluted EPS $0.76
- TTM organic orders up ~37%; driven by hyperscale/colocation and AI demand; pipeline grew sequentially
- Operating cash flow $375M; adjusted free cash flow $336M; net leverage 1.4x; liquidity $1.5B
- Raised FY2024 guidance: net sales $7,780-$7,830M, adj. EPS $2.66-$2.70, adj. FCF $975-$1,025M
- Q4 2024 guidance: net sales $2,115-$2,165M, adj. op. margin 20.2%-20.6%, adj. EPS $0.80-$0.84

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674101/000162828024043343/0001628280-24-043343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674101/000162828024043343/vrt-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-043343

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