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Benzinga
Benzinga
Business
Akanksha Bakshi

Vertiv Thrives In AI Era With Strong Backlog, Analyst Says

Vertiv Holdings

Vertiv Holdings Co (NYSE:VRT) delivered a standout quarter that beat Wall Street expectations, fueled by surging data center demand and surging orders.

The company lifted its full-year revenue, profit, and cash flow guidance as backlog and margins continued to expand, underscoring momentum in the global shift toward AI-driven infrastructure.

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