Vertiv Holdings Stock Rises as Data Center Firm Raises Full-Year Outlook
1. VRT reported better-than-expected Q2 results with strong earnings growth. 2. Sales surged 35% year-over-year to $2.64 billion, exceeding analyst expectations. 3. Full-year outlook raised for adjusted EPS, net sales, and free cash flow. 4. Executive Cote highlights long-term growth prospects in the data center industry. 5. Vertiv shares have increased over 30% year-to-date, indicating strong market confidence.