U.S. Stocks on the Move | Q3 Results Beat Expectations Across the Board, Liquid Cooling Leader Vertiv (VRT.US) Surges Over 13%
Zhitong Finance APP has learned that on Wednesday, liquid cooling leader Vertiv (VRT.US) gapped up at the open and, as of press time, has risen more than 13%, with a cumulative gain of more than 21% this week. On the news front, Vertiv Holdings released its third-quarter 2026 financial report before the market opened, with results comprehensively beating expectations. Benefiting from continued strong demand for data center infrastructure, the company's net sales, orders, and profit all grew substantially in the quarter, and it raised its full-year guidance. In the third quarter, the company's net sales reached $4.313 billion, up 61% year-over-year, including 55% organic growth and about 6% contributed by acquisitions, far exceeding the $3.75 billion expected by analysts surveyed by FactSet. Adjusted diluted earnings per share were $2.21, up 78% year-over-year, also well above analysts' expectations of $1.82.
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