Revenue surges by 61% and orders double! Liquid cooling giant Vertiv: The wave of large-scale infrastructure continues to accelerate

Before the cloud computing giants released their earnings reports, Vertiv, the leading company in liquid cooling technology, first reassured investors with its own financial statement. On Wednesday morning local time, Vertiv announced its third-quarter results: revenue reached $4.313 billion, up 61% year-on-year; adjusted earnings per share hit $2.21, a year-on-year increase of 78%. Both indicators significantly exceeded market expectations. Previously, analysts predicted revenue of $3.76 billion and adjusted earnings per share of $1.82. After the financial report was released, the company's stock price rose by more than 10% after Wednesday's opening, with a cumulative rebound of over 20% this week.