RXT News and Press, Rackspace Technology Inc. From 05/10/21

Rackspace Technology (RXT): Q1 Non-GAAP EPS of $0.23 beats by $0.02; GAAP EPS of -$0.31 misses by $0.18.Revenue of $725.9M (+11.2% Y/Y) beats by $3.96M.Press Release For further details see: Rackspace Technology EPS beats by $0.02, beats on revenue

Record Revenue of $726 million in the First Quarter, up 11% Year-over-Year Core Revenue Grew 15% to $677 million Net loss of $(64) million, or $(0.31) per diluted share First quarter revenue, Non-GAAP Operating Profit and Non-GAAP EPS exceeded guidance set in February 2021 ...

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Rackspace Technology (NASDAQ:RXT) is scheduled to announce Q1 earnings results on Monday, May 10th, after market close.The consensus EPS Estimate is $0.21 and the consensus Revenue Estimate is $721.94MOver the last 3 months, EPS estimates have seen 0 upward revisions and 8 downward. Revenue e...

SAN ANTONIO, May 06, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the launch of its next-generation VMware-based cloud offering Rackspace Services for VMware Cloud™. The new offer...

SAN ANTONIO, May 05, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced today its relationship with McChrystal Group , a renowned advisory services and leadership development firm that helps...

SAN ANTONIO, April 29, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has made a strategic investment in Platform9 , the leading SaaS Managed Kubernetes provider for distrib...

Rackspace Technology is a leading multi-cloud services provider, with strong growth prospects. It's seeing strong top- and bottom-line growth and is making effective use of operating leverage. I also highlight the valuation, debt profile, and risks worth considering. For fur...

The recent market rotation out of tech and into value has reduced the valuation level of many cloud computing-related companies. That being the case, investors should consider rotating some capital back into the sector, which still has excellent long-term growth prospects. SKYY is...

SAN ANTONIO, April 22, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) today announced that it will release its first quarter 2021 financial results after the market closes on Monday, May 10, 2021. Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Of...