On October 28, Vertiv reported its third-quarter financial results, significantly exceeding analyst expectations. The company posted a Non-GAAP EPS of $2.21, beating estimates by $0.39. Additionally, revenue reached $4.31 billion, which was $550 million higher than forecasted. These results highlight a strong financial performance for the company during the quarter.
The company raised its annual EPS guidance to a $7.15 midpoint following 100% order growth and quarterly sales topping $4.3 billion.
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