RXT News and Press, Rackspace Technology Inc. From 05/11/21

Shares of Rackspace Technology (NASDAQ: RXT) suffered a sharp correction on Tuesday following the cloud-computing company's first-quarter earnings report. The stock fell as much as 28.1% in the morning session, stabilizing near a 21% drop by noon EDT. Rackspace's sales rose 11% ...

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Rackspace Technology (NASDAQ: RXT) reported that it has been named a Top 15 Sourcing Standout by Information Services Group.  ISG is a leading global technology research and advisory firm. The ISG Index provides independent quarterly review of the latest sourcing industry...

Rackspace Technology (RXT) shares are currently down nearly 21% after yesterday's Q1 beats were offset by slowing bookings growth ahead of tougher comps and soft guidance.For Q1, revenue was up 11% on the year to $725.9M. EPS was $0.23, two cents ahead of consensus estimates.Bookings wer...

SAN ANTONIO, May 11, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and ad...

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Image source: The Motley Fool. Rackspace Technology, Inc. (NASDAQ: RXT) Q1 2021 Earnings Call May 10, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: Rackspace Technology, Inc. (RXT) Q1 2021 Earnings Call Transcript...

The following slide deck was published by Rackspace Technology, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: Rackspace Technology, Inc. 2021 Q1 - Results - Earnings Call Presentation

Rackspace Technology, Inc. (RXT) Q1 2021 Earnings Conference Call May 10, 2021, 5:00 PM ET Company Participants Joe Crivelli - Vice President, Investor Relations Kevin Jones - Chief Executive Officer Amar Maletira - President and CFO Conference Call Participants Ben Budish - Barclays Amit Dar...

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