Vertiv(VRT) - 2024 Q3 - Quarterly Results

Vertiv Reports Strong Third Quarter 2024 Results and Raises Full Year Guidance • Net sales of $2,074 million, 19% higher than third quarter 2023. Operating profit of$ 372 million, up 48% from third quarter 2023, and adjusted operating profit of $417 million, up 41% from third quarter 2023 • Strong third quarter trailing twelve-month (TTM) organic orders up ~37% compared to prior year TTM period. Third quarter organic orders growth of ~17% vs. prior year • Adjusted operating margin of 20.1%, up 310 basis poi ...