Vertiv Holdings

Good morning. My name is Jeannie, and I will be your conference operator today. At this time, I would like to welcome everyone to Vertif's first quarter 2026 earnings conference call. All lines have been placed on mute to prevent any background noise. Please note that this call is being recorded. I would now like to turn the program over to your host for today's conference call, Lynn Maxliner, Vice President of Investor Relations.

Great, thank you, Jeannie. Good morning and welcome to Virta's first quarter 2026 earnings conference call. Joining me today are Virta's Executive Chairman, Dave Cody, Chief Executive Officer, Jill Albertazzi, and Chief Financial Officer, Craig Chamberlain. We have one hour for the call today. During the Q&A portion of the call, please be mindful of others in the queue and limit yourself to one question. And if you have a follow-up question, please rejoin the queue. Before we begin, I would like to point out that during the course of this call, we will make forward-looking statements regarding future events, including the future financial and operating performance averted. These forward-looking statements are subject to material risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. We refer you to the cautionary language included in today's earnings release, and you can learn more about these risks in our annual and quarterly reports and other filings made with the SEC. 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.vertiv.com. With that, I'll turn the call over to Executive Chairman Dave Kost.

I'm very pleased with how we started the year. The momentum we're seeing across the business is strong, and it's translating into the kind of performance that gives us confidence to raise our outlook for the full year. What we're seeing in customer conversations is different than six months ago. The urgency has increased. The scale of deployments is larger, and the technical complexity is creating opportunities for companies that can solve system-level problems, which is exactly where we excel. We're seeing broad-based strength, and that tells you something about the depth of demand and our ability to capture it. I like what we're seeing in the industry and the continued evolution of Vernon. We're still in the early stages of the infrastructure build-out for AI. Our competitive advantages are compounding. If you can deliver products, systems, integrated solutions, and services at scale, you become even more important to your customers' technology roadmap. We're also managing the challenge as well. Tariffs, supply chain complexity, labor constraints, these are real, but they're manageable. And additionally, they raise the bar in ways that favor established players like us. GEO and the team are executing very well in this rapid growth environment, balancing aggressive growth and share gain with operational discipline. We're expecting a strong year ahead and strong years in the future. So with that, let me turn it over to GEO to discuss it further. GEO? Hi.