Vertiv Holdings LLC (VRT) shares surged 8.02% in a 24-hour period, driven by the company's impressive third-quarter earnings report and raised full-year guidance. The data center infrastructure provider delivered results that significantly exceeded Wall Street expectations, showcasing strong growth in the AI-driven market.

For the quarter ended September 30, Vertiv reported adjusted earnings of $1.24 per share, handily beating the analyst consensus of 98 cents. Revenue rose 29% to $2.68 billion, surpassing the expected $2.56 billion. The company's performance was bolstered by robust growth in the Americas and a substantial 60% year-over-year increase in orders, reflecting the surging demand for AI-related infrastructure.

In response to the strong results, Vertiv raised its full-year guidance. The company now expects adjusted earnings in the range of $4.07 to $4.13 per share, up from the previous forecast of $3.75 to $3.85. Goldman Sachs analyst Mark Delaney reiterated his Buy rating on the stock, noting that the financial performance substantially surpassed both his and the broader Street's expectations. However, investors should be aware of some challenges, including muted sales across the EMEA region and potential impacts from tariffs, which the company is actively addressing through mitigation efforts.