35 AI News and Ratings You Should Not Miss

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13. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 92 

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On October 23, the firm posted earnings for the third quarter of 2024, reporting earnings per share of $0.76, beating market estimates by $0.07. The revenue over the period was more than $2 billion, up 19% compared to the revenue over the same period last year and beating analyst expectations by $90 million. The firm also raised guidance numbers for the fourth quarter, saying it expected organic net sales growth to be in the range of 11% to 15% in the coming months.

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