Vertiv Reports Strong 2019 Financial Results
Vertiv Holdings, LLC Class A (VRT)
Company Research
Source: Business Wire
Fourth quarter versus prior year: net sales flat at $1.2 billion, organic sales up 1.0%, net loss improves 15% to $34 million and adjusted EBITDA down 5% to $149 millionFull year versus prior year: net sales up 3.4% to $4.4 billion, organic sales up 5.6%, net loss improves 55% to $141 million and adjusted EBITDA up 8% to $542 millionConfirming previously communicated full year 2020 guidance including net sales at $4.6 billionFull year 2020 free cash flow projected at $130 million to $150 million and with refinancing at annual proforma run rate at $285 million COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, reported full year 2019 net sales of $4.4 billion, 3.4% higher than prior year, and 5.6% higher on an organic basis when adjusted for changes in foreign currency exchange rates. Full year 2019 net loss of $141 million declined 55% and adjusted EBITDA of $542 million increased 7.8% from
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News
- 4 Indicators to Keep on Top of Recession Worry [Yahoo! Finance]Yahoo! Finance
- Vertiv Holdings Co's (VRT) Strategic Growth: Oppenheimer Highlights Competitive Edge in Digital Infrastructure [Yahoo! Finance]Yahoo! Finance
- Data Center Trends 2025: Vertiv Predicts Industry Efforts to Support, Enable, Leverage and Regulate AIBusiness Wire
- Jim Cramer on Vertiv Holdings Co (VRT): ‘You Could Put A Starter Position On Here, But I'd Rather Wait For A Little More Weakness' [Yahoo! Finance]Yahoo! Finance
- Vertiv Holdings Co (NYSE: VRT) had its price target raised by analysts at Citigroup Inc. from $134.00 to $141.00. They now have a "buy" rating on the stock.MarketBeat
VRT
Earnings
- 10/23/24 - Beat
VRT
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- 11/22/24 - Form 4
- VRT's page on the SEC website