Overview
- Shares fell more than 5% in pre-market trading Wednesday after Vertiv’s full-year sales outlook underwhelmed some investors.
- Vertiv posted Q1 adjusted EPS of $1.17 on revenue of $2.65 billion, topping estimates and rising 30% from a year ago.
- Profitability and cash generation improved, with adjusted operating margin at 20.8% and adjusted free cash flow at $653 million.
- Management projected 2026 revenue of $13.5 billion to $14.0 billion and lifted full-year adjusted EPS guidance to $6.30–$6.40; Q2 guidance calls for $3.25–$3.45 billion in revenue and $1.37–$1.43 in EPS.
- Data center demand drove outsized regional gains, including 44% organic sales growth in the Americas, as analysts stayed broadly bullish even with recent insider share sales drawing attention.