11/4/2020

speaker
Andrea
Conference Operator

Good morning. My name is Andrea and I will be your conference operator today. At this time, I would like to welcome everyone to the Vertiv Third Quarter 2020 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Please note that the call is being recorded. I would now like to turn the program over to your host for today's conference call, Lynne Maxeiner, Vice President of Investor Relations.

speaker
Lynne Maxeiner
Vice President of Investor Relations

Thank you, Andrea. Good morning and welcome to Vertiv's third quarter 2020 earnings conference call. Joining me today are Vertiv's Executive Chairman, David Cote, Chief Executive Officer, Rob Johnson, Chief Financial Officer, David Fasson, and Chief Strategy and Development Officer, Gary Nader. Before we begin, I point out that during the course of this call, we will make forward-looking statements regarding future events, including future and operating performance . These forward-looking statements are subject to material risk and uncertainty that could cause actual results to differ materially from those in the forward-looking statements. We refer you to the which included in today's release, and you can learn more about these risks in our registration statement, our proxy statement, and other filings with the FCC. Any forward-looking statements that we make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events. During this call, we will also present both GAAP and non-GAAP financial measures. Our GAAP results and GAAP to non-GAAP reconciliations can be found in our earnings press release and in the investor slide deck found on our website at investors.vertib.com. With that, I'll turn the call over to Executive Chairman Dave Cote.

speaker
David Cote
Executive Chairman

Thanks and good morning, everyone. When we spoke in August, the Vertiv team had wrapped up a very successful second quarter. I'm happy to say the team demonstrated excellent execution again in the third quarter. Vertiv continues to have a great position in a good industry. And I think the proof points of the last several quarters demonstrate that it's not a fluke. Even during this COVID time, the data center market remains strong and Vertiv continues to validate its leadership position in the market. While the team executed on both the top and bottom line over the past several months, they also continue to focus on seed planting. So we'll win not only in the short term, but also the long term. Initiatives such as the new Vertiv product development activities, VPD, deploying the Vertiv user experience or customer view, and developing their three-year strategic plan of just some of the ways the Vertiv team is focused on ensuring sustainable success. I am really impressed with the adaptability and the receptiveness of Rob and his team. So overall, I'm just as excited today about the future of Vertiv as I was a year ago, and I can't wait to continue working with the team. With that, I'll turn the call over to Rob.

Disclaimer

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