-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：VRT第一季業績強勁，每股收益為1.17美元，高於市場預期的1.01美元，淨銷售額為27億美元（年增30%），主要得益於人工智慧基礎設施需求加速成長帶來的23%的內生成長。調整後營業利潤率年增430個基點至20.8%，反映了VRT在人工智慧基礎設施市場的核心地位及其定價能力，從而提升了利潤品質。美洲地區（佔總銷售額的68%）是主要的成長引擎，實現了44%的內生成長，鑑於資料中心基礎設施需求依然強勁，我們給予VRT「強烈買入」評級。管理層上調了2026年全年業績預期，預計淨銷售額為135億至140億美元（內生增長29%至31%），調整後每股收益為6.30至6.40美元（年增50%至52%）。受營運資本效率提升及遞延收入成長6.51億美元的推動，VRT的經營現金流較去年同期成長153%至7.67億美元。我們認為，VRT在技術和製造能力方面的策略性投資有助於公司脫穎而出，因為客戶在人工智慧建置過程中越來越重視部署速度和營運效率。
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