Vertiv reports first quarter operating profit of $130 million and adjusted operating profit(1) of $176 million, up $163 million; operating cash flow of $42 million, up $174 million; full year 2023 profit guidance raised

Columbus, ohio--(business wire)--vertiv holdings co (nyse: vrt), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended march 31, 2023. vertiv reported first quarter net sales of $1,521 million, an increase of $365 million, or 32%, compared with last year's first quarter and a 35% organic net sales increase(1), which excludes the impact of foreign currency. foreign currency negatively impacted first quarter sal.
VRT Ratings Summary
VRT Quant Ranking