RXT News and Press, Rackspace Technology Inc. From 11/09/22

Revenue of $788 million in the Third Quarter, up 3% Year-over-Year Core Revenue Grew 5% to $751 million Quarterly Cash Flow From Operating Activities of $71 million SAN ANTONIO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-en...

SAN ANTONIO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Shashank Samant as the Lead Director of its Board of Directors, effective as of November 9, 202...

SAN ANTONIO, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) today announced that it will release its third quarter 2022 financial results after the market closes on Wednesday, November 9, 2022. Amar Maletira, Chief Executive Officer, will also host a conference c...

SAN ANTONIO, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Newsweek has announced their annual rankings for the Top 100 Most Loved Workplaces® list, and Rackspace Technology® (NASDAQ: RXT) was ranked #77. The 2022 Top 100 Most Loved Workplaces® are the result of a collab...

High inflation and the U.S. Federal Reserve's interest rate hikes in response to it have slowed economic growth. Spending habits have been altered and investors have reacted. But when efforts to ease inflation start to pay off and interest rates drop out of the news, a lot of beaten-dow...

Summary Rackspace's shares are hovering around all time lows. The company's growth outlook is moderating and its profitability is declining. The business still has a solid recurring revenue base. It also has very strong free cash flow, generating a 24% FCF yield in the past twelve...

SAN ANTONIO, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, has launched a new, dedicated cybersecurity micro site , in conjunction with National Cybersecurity Awareness Month...

LONDON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, welcomes the launch of AWS Middle East (UAE) Region, which will support the acceleration of innovation and digital transformation in th...

Rackspace Technology ( NASDAQ: RXT ) named Monday its CFO Amar Maletira as its new chief executive officer to succeed former CEO Kevin Jones. Maletira has served as Rackspace's president and chief financial officer since Nov. 2020. The Texas-based cloud infr...

SAN ANTONIO, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading cloud technology solutions company, today announced the appointment of Amar Maletira as Chief Executive Officer. Mr. Maletira, who has served as Rackspace Technology’s President a...