Vertiv Announces Second Quarter 2020 Earnings

August 05, 2020

Net income increased $45 million and adjusted EBITDA was relatively flat compared with last year’s second quarter despite $128 million lower net sales. Adjusted EBITDA margin increased 150 basis points. Record backlog of $1.8 billion at end of June and second quarter orders up 2%, and up 5% organically. Strong June month-end liquidity of $530 million and second quarter operating cash flow of $73 million. Third quarter guidance: 4-6% organic sales and 7-14% adjusted EBITDA growth from last year’s third quarter.

Advantages of a UPS with Lithium-ion Batteries

July 03, 2020

From longer life, smaller size, lighter, faster recharge time and ability to withstand higher temperatures, lithium-ion batteries bring significant benefits to UPSs – including total cost of ownership (TCO) savings (up to 50% vs. lead acid batteries).

Visibility, Flexibility Key to Effective Network Services During Pandemic

July 14, 2020

The ongoing pandemic is changing the way we live and work in innumerable ways. Millions of us transitioned overnight to working or studying from home, a process that certainly tested the nerve of technophobes and -philes alike. Likewise, many industries confronted fundamental changes in the way they interact with their clientele.