Vertiv Holdings reports Q4 adjusted EPS 56c, consensus 53c

Reports Q4 revenue $1.87B, consensus $1.88B. The book-to-bill ratio was 1.3x in Q4 and organic orders increased 23%. “Vertiv delivered a strong fourth quarter, capping off a year of significant progress built on our unrelenting focus on operational execution, driving a high-performance culture and demonstrating financial strength underpinned by continued robust market demand for Vertiv’s innovative products and services,” said Giordano Albertazzi, Vertiv’s Chief Executive Officer. “This strong performance positions us well for continued momentum in 2024 as we continue to grow, further enhance our operational excellence and build a cultural DNA across the organization to ensure our continued market leadership in a dynamic industry.”