VRT

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the electrical systems stocks, including Vertiv (NYSE:VRT) and its peers. Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products. The 14 electrical systems stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 3.4% while next quarter’s revenue guidance was 1.3% below. In light of this news, share prices of the companies have held steady as they are up 2.1% on average since the latest earnings results. Formerly part of Emerson Electric, Vertiv (NYSE:VRT) manufactures and services infrastructure technology products for data centers and communication networks. Vertiv reported revenues of $2.65 billion, up 30.1% year on year. This print was in line with analysts’ expectations, and overall, it was a strong quarter for the company with an impressive beat of analysts’ adjusted operating income estimates and full-year EPS guidance exceeding analysts’ expectations. "We're seeing data center infrastructure requirements evolve significantly, with customers prioritizing optimized design, deployment speed, and operational efficiency - reshaping their approach to deployment," said Giordano Albertazzi, Vertiv's Chief Executive Officer. Interestingly, the stock is up 2.1% since reporting and currently trades at $319.00. Read why we think that Vertiv is one of the best electrical systems stocks, our full report is free. A key player in the transition to cleaner vehicles, Garrett Motion (NYSE:GTX) designs and manufactures turbochargers, air compressors, and electric motor technologies for vehicle manufacturers and industrial applications. Garrett Motion reported revenues of $985 million, up 12.2% year on year, outperforming analysts’ expectations by 9.3%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ adjusted oper...

C3.ai, Inc. AI reported a narrower-than-expected loss for the fourth quarter of fiscal 2026 (ended April 30, 2026), while revenues topped estimates. On a year-over-year basis, both metrics fell sharply.AI stock gained 3.6% during yesterday’s after-market trading session, following the earnings release.The quarterly performance reflected a sharp year-over-year decline in total revenues, caused by weaker contributions from both the subscription and professional services businesses. Operating results were also pressured by the cost structure relative to the reduced revenue base, even as the company worked to lower expenses.Despite these challenges, C3.ai continued to advance its customer deployment activity, including signing new initial production deployments and expanding its footprint across both federal and commercial customers. Management emphasized ongoing restructuring actions designed to improve operating efficiency, reduce cash burn and position the business to return to growth and sustained non-GAAP profitability. The company incurred an adjusted loss per share of 33 cents for the fourth quarter of fiscal 2026, narrower than the Zacks Consensus Estimate of a loss of 38 cents. The result represented an earnings surprise of 13.2%. In the year-ago quarter, it reported an adjusted loss per share of 16 cents. C3.ai, Inc. price-consensus-eps-surprise-chart | C3.ai, Inc. Quote Quarterly revenues came in at $51.6 million, down 52.5% year over year, but beat the consensus mark of $50 million by 3.2%. Management pointed to a broad restructuring and operating reset, while the company signed nine initial production deployments (IPDs) during the quarter. Subscription revenues were $48.4 million, down 44.6% from $87.3 million in the year-ago quarter. Professional services revenues fell 85% year over year to $3.2 million. Professional services revenues included prioritized engineering services and service fees, both of which declined from the prior-year period.Within services, prioritized engineering services (PES) represented a meaningful portion of professional services revenues. The company noted that subscription revenue plus PES combined represented nearly all quarterly revenues, underscoring management’s stated emphasis on software-led monetization. Adjusted gross profit in the fiscal fourth quarter declined year over year to $19.3 million from $75.2 million,...

COLUMBUS, Ohio, June 3, 2026 /PRNewswire/ -- Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced that its Board of Directors has declared a quarterly cash dividend of $0.0625 per share of the company's Class A common stock. The cash dividend will be payable on June 25, 2026, to shareholders of record of Class A common stock at the close of business on June 15, 2026. About Vertiv Holdings CoVertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit vertiv.com. Category: Financial News For investor inquiries, please contact:Lynne MaxeinerVice President, Global Treasury & Investor RelationsVertivE: [email protected] For media inquiries, please contact:Ruder Finn for VertivE: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/vertiv-declares-quarterly-dividend-302789951.html

Dow Jones futures fell slightly early Thursday overnight, along with S&P 500 futures and Nasdaq futures. Oil prices rose somewhat. Marvell Technology rose slightly on earnings while Snowflake surged. The Fed's favorite inflation gauge, the core PCE price index, is due before the open.

It has been about a month since the last earnings report for Vertiv Holdings Co. (VRT). Shares have added about 0.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Vertiv due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Vertiv delivered first-quarter 2026 adjusted earnings of $1.17 per share, up 82.8% year over year. The result beat the consensus estimate by 14.71%. Net sales rose 30.1% year over year to $2.65 billion and came in slightly below the consensus level of about $2.657 billion. Acquisitions contributed 4% of the growth, and favorable forex contributed 3%. The quarterly results reflected strong demand tied to data center deployments, with the Americas again serving as the growth engine. Americas posted revenue of $1.81 billion, up 53.1% year over year. Organic growth in the region was 44.3%, reflecting broad-based momentum across product lines tied to data center demand.Asia Pacific (APAC) net sales were $513.7 million, up 14.9%, with 12.0% organic growth. Europe, Middle East and Africa (EMEA) remained the weak spot, with net sales of $321.4 million down 20.3% and organic net sales down 29.4%. Management characterized the softness as tied to prior-period order dynamics and said improving pipeline activity supports expectations for a return to year-over-year sales growth in the back half of fiscal 2026.Product revenues (which accounted for 79% of total revenues) increased 29.8% year over year to $2.09 billion. Service revenues (21% of total revenues) increased 31.4% year over year to $558.3 million. Selling, general, and administrative (SG&A) expenses increased 31.9% year over year to $456.7 million. As a percentage of sales, SG&A expenses increased 110 basis points (bps) year over year to 15.9%.Profitability expanded sharply in the quarter as higher volume translated into operating leverage. Adjusted operating profit increased 63.6% year over year to $550.9 million. Management noted that tariff headwinds persisted, but actions and countermeasures supported positive price-cost dynamics even after including tariff impacts. Adjusted operating margin was 20.8%, up 430 bps from the year-ago level, helped by...

GE Vernova (GEV) booked $18.30 billion in Q1 2026 orders, up 71% organically, with record backlog of $150 billion and Electrification segment capturing $2.4 billion in data center equipment orders exceeding all of 2025 combined. Eaton (ETN) posted record $3.51 billion in Electrical Americas revenue in Q4 2025, up 21% YoY, with pending $9.5 billion Boyd Thermal acquisition for liquid cooling. Vertiv (VRT) reported $15 billion backlog, up 109% year-over-year, with Q4 organic orders growing 252% YoY. GE Vernova and equipment manufacturers are displacing narrative-driven power plays like Vistra as the superior industrial AI exposure because they carry signed multi-year order backlogs with hard guidance rather than dependent on unsigned power purchase agreement negotiations. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Eaton wasn't one of them. Get them here FREE. Everyone's talking about Vistra (NYSE:VST) right now because retail investors have decided the merchant power producer is the cleanest way to bet on AI data center electricity demand. But here's what you should actually be watching. Vistra is a single-commodity bet. Its earnings power tracks wholesale power prices, and the bull case leans heavily on long-dated power purchase agreements with hyperscalers that haven't all been signed yet. You're paying up for a narrative. Meanwhile, the companies actually shipping the turbines, transformers, switchgear, and cooling systems into those data centers have hard order books you can read in their filings. That's the trade a retirement-focused investor should care about. The cleanest redirect is GE Vernova (NYSE:GEV), the electrification and power equipment business spun out of GE last year. Three reasons it deserves the seat VST currently occupies. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Eaton wasn't one of them. Get them here FREE. First, the backlog is enormous and accelerating. Q1 2026 orders hit $18.30 billion, up 71% organically, with backlog expanding by more than $13 billion quarter-over-quarter. The Electrification segment alone booked $2.4 billion in data center equipment orders in Q1, exceeding all of 2025 combined. Total backlog hit a record $150 billion at the end of Q4 2025. These are signed contracts visible in the filings. Second, management is raising guidance. The 2026 outlook now calls fo...

Interested in Tecogen Inc.? Here are five stocks we like better. Tecogen reported weaker Q1 results, with revenue down 12.9% to $6.4 million and a net loss widening to $2.2 million as the company increased spending on R&D, marketing, and manufacturing expansion tied to its data center strategy. Vertiv is expected to place an imminent purchase order for 1 megawatt of cooling, and Tecogen said the installation would serve as a permanent showcase for its dual-power source chiller technology at one of Vertiv’s facilities. Data center demand is being driven by grid constraints and backup cooling needs, with Tecogen highlighting customer interest in systems that can reduce utility load and keep cooling running during outages, while its broader pipeline also includes more than $8 million in approved non-data center projects. Tecogen (OTCMKTS:TGEN) reported lower first-quarter revenue and a wider loss as management said the company is investing in research, marketing and manufacturing capacity tied to its push into the data center market. On the company’s Q1 2026 earnings call, Chief Executive Officer Abinand Rangesh said Tecogen is seeing growing interest in its dual-power source chiller technology from data center customers facing grid constraints, while also noting a pickup in non-data center chiller demand. → McDonald's Is the Cheapest It’s Been in Years—Does That Make It a Buy? Chief Financial Officer Roger Deschenes said total revenue fell 12.9% to $6.4 million in the first quarter from $7.3 million in the prior-year period, driven by lower product revenue. Gross profit declined to $2.6 million from $3.2 million, while gross margin decreased to 40.9% from 44.3%. Operating expenses rose to $4.7 million from $3.8 million a year earlier. Deschenes said the increase reflected higher service-segment operating costs, increased production segment costs, research and development spending, and expenses related to manufacturing expansion and continued development of the dual-power source chiller. → 3 Crucial Aerospace Component Makers That Analysts Love The company posted a net loss of $2.2 million, compared with a loss of $700,000 in the first quarter of 2025. Adjusted EBITDA loss widened to $1.7 million from a loss of about $400,000 a year earlier. Rangesh said Vertiv has approved the purchase of 1 megawatt of cooling and that the purchase order is “in process and exp...

By Suzanne McGee and Akash Sriram PROVIDENCE, Rhode Island, May 15 (Reuters) - Institutional investors took new positions in semiconductor stocks ranging from Intel to Micron during the first quarter of the year, positioning them to profit from a red-hot rally that extended into the second quarter, according to a ‌Reuters overview of filings from some 6,600 hedge funds, pension funds, college funds and others with the U.S. Securities and Exchange Commission. Nearly 5,000 of all those ‌investors that had filed their quarterly 13-F filings by late afternoon Friday reported they were buyers of one or more of 17 semiconductor firms tracked by Reuters. One of the most aggressively purchased chipmakers was Micron, whose stock has soared 154% so far this year as demand has boomed for memory chips amidst the AI buildout. A total of 2,440 institutions reported taking new positions in Micron, including Rockefeller Capital Management and Schroder Investment Management. On Micron's heels was Intel, a turnaround story whose stock has boomed 195% year to date. Tiger Global Management disclosed that it initiated a position in Intel in the first quarter, along with Neuberger Berman and MetLife Asset Management. These filings with the SEC offer a glimpse into the portfolios of large institutional investors, from hedge ‌funds to pension funds and endowments. Major institutional investors must ⁠report any changes made to their portfolio and its composition to the SEC within 45 days of the end of each calendar quarter. The data obtained by Reuters from the SEC's database reflect those firms that had submitted their filings as of late afternoon on ⁠Friday. The data does not capture changes to their portfolios they may have made since March 31. Northern Trust emerged as a big investor across the semiconductor space, initiating new positions in Intel and Micron as well as Seagate Technology and Western Digital during the first quarter. Those stocks have soared 188% and 179%, respectively, so far this year.. AI INFRASTRUCTURE Institutions also were eager buyers of other stocks whose fate is closely linked to the rollout and adoption of AI during the first three months of the year. More than 4,000 of them added ‌to their existing holdings or initiated new positions in a group of nine companies that are big players in the AI infrastructure arena, including Oracle, Arista Networks and...

This article first appeared on GuruFocus. Release Date: May 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Tecogen Inc (TGEN) achieved a gross profit margin above 40% in Q1 2026, indicating improved profitability. The company is experiencing a surge in demand for its chillers from non-data center customers, with over $8 million in projects approved. Tecogen Inc (TGEN) has secured a significant purchase order from Vertiv, showcasing financial commitment and potential for future collaborations. The company is hosting demonstrations for well-known data centers, indicating growing interest and potential for new business opportunities. Management and directors of Tecogen Inc (TGEN) have shown confidence in the company's prospects by purchasing shares after the earnings report. Total revenues for Q1 2026 decreased by 12.9% compared to the previous year, primarily due to a reduction in product revenue. Gross profit decreased by nearly 20% due to lower product revenue and increased service and energy production costs. Operating expenses increased by nearly 24% in Q1 2026, driven by higher costs in services, production, and R&D. The net loss for the quarter increased to $2.2 million from $700,000 in the previous year, attributed to lower sales and increased operating costs. The company's energy production gross margins decreased significantly due to higher natural gas costs. Warning! GuruFocus has detected 3 Warning Signs with TGEN. Is TGEN fairly valued? Test your thesis with our free DCF calculator. Q: Do you feel like people appreciate what your hybrid system can do now, or is in-person viewing necessary for the market to understand the transition from the grid to the natural gas engine? A: (Abhinan Rangesh, CEO) Some potential customers have seen the video and want to see the real chiller in action. In-person demonstrations allow us to show the chiller's performance, including uninterrupted cooling, and help progress discussions towards purchase orders more quickly. Q: Regarding the Vertiv project, is it a permanent deployment, and what should we consider in terms of timing and milestones? A: (Abhinan Rangesh, CEO) The Vertiv project is a permanent installation approved by Vertiv Management. It will be installed at one of their facilities and used for both their purposes and as a demonstration for pot...

On Wednesday, Tecogen (AMEX:TGEN) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. The full earnings call is available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=8pPLOnGc Tecogen reported a gross profit margin improvement to over 40% in Q1 2026, despite higher operating expenses due to investments in R&D and marketing. The company anticipates substantial customer deposits from closed projects to enhance its cash position, currently at approximately $8.5 million. Tecogen highlighted a strategic partnership with Vertiv, including a significant purchase order for chillers expected imminently, showcasing a strong commitment to the data center market. The company experienced a decrease in total revenues by 12.9% to $6.4 million compared to the previous year, primarily due to reduced product revenues. Operating expenses increased due to manufacturing expansion and R&D, but cost reduction initiatives are expected to decrease OPEX starting in Q2 2026. Tecogen is hosting several prospective data center customers for product demonstrations to convert interest into purchase orders, indicating strong potential for future sales growth. Despite a net loss of $2.2 million, Tecogen is optimistic about its data center market opportunities and has a robust pipeline for both data center and non-data center projects. OPERATOR Welcome to the Tecogen Q1 2026 conference call. this time all participants are in a listen only mode. A question and answer session will follow the formal presentation. It is now my pleasure to introduce your host, Jack Whiting, General Counsel and Secretary. Thank you. You may begin. Jack Whiting (General Counsel and Secretary) Good morning, this is Jack Whiting, General Counsel and Secretary, Tekogen. This call is being recorded and will be archived on our [email protected] the press release regarding our first quarter 2026 earnings and the presentation provided this morning are available in the Investor section of our website. I direct your attention to our safe harbor statement included in our earnings press release and presentation. Various remarks that we may make about the company's expectation, plans and prospects constitute forward lookin...

NORTH BILLERICA, MA / ACCESS Newswire / May 12, 2026 / Tecogen Inc. (NYSE American:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.34 million and net loss of $2.12 million for the quarter ended March 31, 2026 compared to revenues of $7.28 million, and a net loss of $0.66 million in 2025. Our cash and cash equivalents balance was $9.33 million at March 31, 2026. Abinand Rangesh, CEO of Tecogen, commented, "We delivered strong progress over the last two months, highlighted by an imminent purchase order from Vertiv for a real-world operating deployment of a 1 MW chiller system. This represents an important step that deepens our partnership and validates growing demand for our technology." "The chillers will be permanently deployed at one of Vertiv's facilities where it solves power constraints. The installation will allow prospective customers to observe the system in use and support broader customer adoption discussions." "Building on this momentum, we are actively advancing multiple data center opportunities. As part of this process, we are hosting prospective customers at our factory in the coming weeks for detailed, in-person reviews of our technology and system performance. Engagements that reach this stage of on-site customer evaluation typically represent later phases of due diligence prior to purchasing decisions." "Operationally, gross profit margin expanded to >40% compared to the end of last year and we are executing on cost reductions to streamline expenses, with the full impact of these cuts expected in the third quarter of this year. We also expect our cash burn to be lower in the coming quarters as a result of these cuts and expected customer deposits." "Beyond data centers, we are capturing demand driven by broader power constraints across the country. We have recently secured or expect to secure more than $8 million in orders. These opportunities, which are incremental to our core data center focus, have the potential to contribute to revenue and cash flow in the near-term." Key Takeaways Net Loss and Earnings Per Share Net loss for the quarter ended March 31, 2026 was $2.12 million compared to a net loss of $0.66 million for the same period of 2025, an increase of $1.46 million, due to lower Products segment revenue and gross profit, lower Services segment gross profit and increased operating expenses. EPS for t...

SoundHound AI, Inc. SOUN delivered a mixed first-quarter 2026 performance, with earnings missing expectations even as revenue came in ahead of estimates. The quarter reflected strong demand across enterprise and automotive use cases, continued customer diversification and steady deal momentum, while profitability was weighed down by higher operating costs tied to acquisitions and certain nonrecurring items, including vendor-related true-ups and other acquisition-linked expenses. Following the results, the company’s shares lost around 12% in the after-hour trading session yesterday. In the first quarter, SoundHound reported record revenues of $44.2 million, up 52% year over year. The figure surpassed the Zacks Consensus Estimate of $43 million by 3.5%. The company posted a loss of 6 cents per share compared with the Zacks Consensus Estimate of a loss of 5 cents, a negative surprise of 20%. SoundHound AI, Inc. price-consensus-eps-surprise-chart | SoundHound AI, Inc. Quote Momentum was supported by increased demand across the enterprise and automotive sectors. Excluding the impact of acquisitions, SoundHound said its core automotive and IoT AI business grew 88% year over year, highlighting the strength of underlying adoption. On a year-over-year basis, SOUN’s profitability softened. GAAP gross margin fell to 31.1% from 36.5% a year ago, reflecting higher costs in the quarter, including true-up costs tied to third-party vendor expenses in the company’s digital-first business, which management said are nonrecurring. Non-GAAP gross margin was 49.7%, down modestly from 50.8% in the prior-year quarter, as the same cost pressures partially offset benefits from ongoing efficiency efforts such as infrastructure modernization and cloud optimization. Adjusted EBITDA also weakened year over year, with the loss widening to $26.7 million from $22.2 million. Management tied the expense backdrop largely to acquisition-driven cost increases (notably higher sales and marketing, R&D, and G&A from added headcount and integration-related legal/advisory costs), alongside time-bound investments aimed at advancing its foundation models and broader platform roadmap, which it expects to carry clear ROI but to temporarily offset some cost actions. Management characterized demand as rising across AI and enterprise solutions, pointing to a “massive pipeline” and a widening set of large-cu...