Vertiv Delivers Strong Second Quarter Operating Performance
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Vertiv Holdings Co. (VRT) Tops Q2 EPS by 13c, Revenues Beat; Offers 3Q EPS/Revenue Outlook
August 5, 2020 6:03 AM EDTVertiv Holdings Co. (NYSE: VRT) reported Q2 EPS of $0.24, $0.13 better than the analyst estimate of $0.11. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $953.44 million.
Im pleased with the positive operational strides we made during the second quarter as we continue to navigate the on-going and unpredictable global COVID-19 pandemic. Our second quarter results, in part, reflect the benefits of the early actions we took to mitigate the impact of the pandemic, said Rob Johnson, Vertiv Chief Executive Officer. In the quarter, we continued to see high demand on data centers and... More
