By Elias Schisgall
Shares of Vertiv Holdings rose after the company logged a higher fourth-quarter profit and issued guidance above Wall Street estimates.
Shares were up 15% to $230.00 in pre-market trading Wednesday. The stock has gained 62% over the past 12 months.
The digital infrastructure company on Wednesday logged a profit of $445.6 million, or $1.14 a share, compared with a profit of $147 million, or 38 cents a share, a year earlier.
Stripping out certain one-time items, adjusted earnings came in at $1.36 a share. Analysts surveyed by FactSet were expecting $1.29 a share.
Net sales rose to $2.88 billion, up from $2.35 billion a year prior, roughly in line with analysts expectations.
For the current quarter, the company is projecting net sales of between $2.50 billion and $2.70 billion, with adjusted earnings expected between 95 cents and $1.01 a share.
Analysts were expecting $2.54 billion in net sales and 94 cents a share for the quarter.
Vertviv is forecasting full year net sales of $13.25 billion to $13.75 billion, with adjusted earnings of between $5.97 and $6.07 a share.
Analysts were expecting net sales of $12.45 billion and adjusted earnings of $5.33 a share.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 11, 2026 08:02 ET (13:02 GMT)
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