Vertiv reports strong first quarter 2025 results

Strong first quarter trailing twelve-month (ttm) orders growth of ~20%, with first quarter orders up ~13% compared to last year's first quarter and up ~21% sequentially from fourth quarter 2024 first quarter book-to-bill ratio of ~1.4x. backlog 10% higher than year-end and up 25% from end of first quarter 2024 first quarter net sales of $2,036 million, 24% higher than first quarter 2024, with organic net sales up 25% first quarter diluted eps of $0.42 and adjusted diluted eps(1) of $0.64, up ~49% from first quarter 2024.
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