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RXT News and Press, Rackspace Technology Inc. From 11/30/23

Stock Information

Company Name: Rackspace Technology Inc.
Stock Symbol: RXT
Market: NASDAQ
Website: rackspace.com

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RXT - Radware Announces New Appointment to Its Board of Directors

TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware’s Board of Directors. Mr...

RXT - Rackspace Technology Wins Three 2023 AWS Partner Awards

SAN ANTONIO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) — a leading end-to-end, hybrid multicloud solutions company, announced today it is a recipient of three 2023 Geo and Global AWS Partner Awards, recognizing leaders around the globe playing a ke...

RXT - Rackspace Technology: Still Bogged Down By Debt

2023-11-27 04:57:34 ET Summary Today, we circle back on Rackspace Technology for the first time since June 2022. RXT stock remains cheap on a price-to-sales basis, but the company continues to be bogged down by its balance sheet. Rackspace has a significant amount of long-term...

RXT - Rackspace Technology to Showcase Purpose-built Generative Artificial Intelligence (AI) Applications from Foundry for AI by Rackspace (FAIR) at AWS re:Invent

SAN ANTONIO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) , a leading end-to-end hybrid multicloud technology solutions, announced celebrating twelve years of attending AWS re:Invent with a futuristic booth activation, a breakout session in collaboration wit...

RXT - Rackspace turnaround taking longer than thought, investor fatigue 'elevated'

2023-11-20 07:44:34 ET More on Rackspace Technology Rackspace Technology, Inc. (RXT) Q3 2023 Earnings Call Transcript Rackspace Technology, Inc. 2023 Q3 - Results - Earnings Call Presentation Rackspace Technology: Attractive TAM But Challenges Persist In The Near Ter...

RXT - Rackspace Technology Participates in Microsoft Ignite to Showcase the Company's Microsoft Offerings and Partnerships

Rackspace Technology and Microsoft cutting-edge Generative AI Services and Solutions using the FAIR Practice will be on display SAN ANTONIO, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, t...

RXT - Rackspace Technology Named CRN 2023 IoT Innovator Award Winner for Fueling the Real-World Data Revolution

SAN ANTONIO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) , a leading end-to-end hybrid multicloud technology solutions company, today announced that CRN ® , a brand of The Channel Company , has named Rackspace Technology as one of i...

RXT - Rackspace Technology, Inc. (RXT) Q3 2023 Earnings Call Transcript

2023-11-07 19:40:25 ET Rackspace Technology, Inc. (RXT) Q3 2023 Earnings Conference Call November 07, 2023 05:00 PM ET Company Participants Sagar Hebbar - Head-Investor Relations Amar Maletira - Chief Executive Officer Bobby Molu - Chief Financial Officer C...

RXT - Rackspace Technology Non-GAAP EPS of -$0.04 beats by $0.01, revenue of $732M beats by $5.08M

2023-11-07 17:06:40 ET Rackspace Technology press release ( NASDAQ: RXT ): Q3 Non-GAAP EPS of -$0.04 beats by $0.01 . Revenue of $732M (-7.1% Y/Y) beats by $5.08M . Sees Q4 Total Revenue $710 million - $720 million. Sees Q4 Non-GAAP Loss Per Share $0.05 - $...

RXT - Rackspace Technology Reports Third Quarter 2023 Results

Revenue of $732 million in the Third Quarter, down 7% Year-over-Year Private Cloud Revenue was $300 million, down 13% Year-over-Year Public Cloud Revenue was $433 million, down 3% Year-over-Year Third Quarter 2023 Cash Flow from Operating Activities was $267 million; Cash Flow From ...

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