Vertiv Holdings Co. ($VRT) reported strong financial results for the third quarter of 2024, exceeding expectations and prompting an increase in full-year guidance. The company anticipates organic sales growth to reach 14% in 2024, with projections for 2025 indicating further acceleration due to a robust backlog and pipeline. The updated guidance includes an increase of $140 million in sales, attributed to volume growth and favorable foreign exchange conditions. The Americas and EMEA regions are expected to contribute significantly, both projected to achieve mid-teens growth from 2023. Analysts are closely monitoring whether these earnings indicate a slowdown in the AI data center buildout.