RXT News and Press, Rackspace Technology Inc. From 02/28/23

SAN ANTONIO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- A new survey of 1,420 global IT leaders by Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company finds that a growing number of organizations – 69% – rank artificial int...

SINGAPORE, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) , a leading end-to-end multicloud solutions company today announced its partnership with global financial intelligence services company, Moody's Analytics. The partnership aimed to help Moody's ...

Summary RXT is a pure-play multi-cloud services provider that aims to serve small and medium-sized businesses. 4Q22 results exceeded expectations, but investors should be cautious about slower core revenue and multi-cloud growth. RXT needs to burn cash for its turnaround efforts, bu...

$758.87M consensus ($0.01) consensus For further details see: Rackspace Technology gains on earnings beat, Q1 guidance above mid-point of consensus

Rackspace Technology, Inc. (RXT) Q4 2022 Earnings Conference Call February22, 2023, 05:00 PM ET Company Participants Robert Watson - VP, Corporate Finance Amar Maletira - CEO Bobby Molu - CFO Conference Call Participants Kevin McVeigh - Credit Suisse As...

Rackspace Technology press release ( NASDAQ: RXT ): Q4 Non-GAAP EPS of $0.06 beats by $0.01 . Revenue of $787M (+1.2% Y/Y) beats by $10.67M . Cash Flow From Operating Activities of $40 million; 2022 Cash Flow From Operating Activities of $259 million. Capital expen...

Fourth Quarter Revenue of $787 million, up 1% Year-over-Year; 2022 Revenue of $3,122 million, up 4% Year-over-Year Fourth Quarter Core Revenue of $752 million, up 2% Year-over-Year; 2022 Core Revenue of $2,972 million, up 5% Year-over-Year Fourth Quarter Cash Flow From Operating Activit...

Rackspace Technology ( NASDAQ: RXT ) is scheduled to announce Q4 earnings results on Wednesday, February 22nd, after market close. The consensus EPS Estimate is $0.05 (-80.0% Y/Y) and the consensus Revenue Estimate is $776.33M (-0.1% Y/Y). Over the last 2 years, RXT has beat...

A faster and more responsive technology backbone enables data-empowered farming for the world's largest fresh multi-berry producer SAN ANTONIO, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions compa...

SAN ANTONIO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, recently partnered with JobTarget , a leading job search and recruitment platform, to build and launch a scalable Amazon Web Service...