Vertiv Holdings Co Provides Earnings Guidance for the Second Quarter and Full Year of 2024
April 24, 2024 at 05:55 am EDT
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Vertiv Holdings Co provided earnings guidance for the second quarter and full year of 2024. For the quarter, Company expects Net sales of $1,900 million to $1,950 million. Organic net sales growth of 11% to 13%.
For the full year, Company expects Net sales of $7,540 million to $7,690 million. Organic net sales growth of 11% to 13%. operating profit of $1,150 million to $1,200 million.
Vertiv Holdings Co. offers digital infrastructure technologies and deployable customized solutions to meet the specific business requirements and needs of a diverse group of customers. Its range of offerings includes alternate current and direct current power management products, switchgear and busbar products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. These comprehensive offerings are integral to the technologies used for services, such as e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, Internet of Things and online gaming. In addition, through its global services network, the Company provides lifecycle management services, predictive analytics and professional services for deploying, maintaining and optimizing these products and their related systems. Its brands include Vertiv, Liebert, NetSure, Geist, Energy Labs and others.
VERTIV HOLDINGS CO 
