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AI data center demand drives 53% revenue growth and record earnings guidance.

nVent Electric (NYSE:NVT) reported record second-quarter sales and earnings, driven by continued demand from AI data centers, power utilities and improving short-cycle businesses. The company raised its full-year sales and adjusted earnings outlook and announced plans for a third Minnesota facility

Moby summary of nVent Electric plc's Q2 2026 earnings call

Management guided for a massive sequential leap in business, but the market is offering polite applause instead of a standing ovation.

nVent Electric PLC (NVT) reports robust first-quarter performance with significant gains in data center and infrastructure sectors, raising full-year guidance.

nVent Electric (NYSE:NVT) reported first-quarter 2026 results that management said exceeded expectations, driven by continued acceleration in infrastructure demand led by data centers. Chair and CEO Beth Wozniak said the company posted “record sales, orders, and backlog,” marking the third consecuti

Moby summary of nVent Electric plc's Q1 2026 earnings call

Beth A. Wozniak: I am pleased to share with you our outstanding first quarter results and cover some key business highlights. Both sales and EPS significantly exceeded our guidance, driven by strong sales growth in the Infrastructure vertical led by data centers. In the white space, we had outstanding growth in liquid cooling, along with strong growth in power distribution units and cable management.