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Liquid cooling specialist Vertiv sees earnings growth driven by AI data center demand

Nasdaq +1 ·

VRT Vertiv Holdings Co
$253.62 +0.57%
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  1. 1Vertiv recorded a 24% year-over-year revenue growth rate in the second quarter.
  2. 2Vertiv's operating profit surged 44% year-over-year, reaching $638 million in the second quarter.
  3. 3CEO Giordano Albertazzi expressed confidence that the company can maintain strong performance beyond 2026.

So what's the key point?

Vertiv's second-quarter revenue grew by 24% compared to last year. Operating profit also surged to $638 million compared to the previous year.

Source Nasdaq +1 · View original ↗

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