RXT News and Press, Rackspace Technology Inc. From 11/17/21

The Data Center REIT sector has been substantially and rapidly transformed as the three largest data center portfolio acquisitions in history have been announced in just the past several months. We predicted an impending M&A boom but expected Digital Realty and Equinix to scoop up...

Image source: The Motley Fool. Rackspace Technology, Inc. (NASDAQ: RXT) Q3 2021 Earnings Call Nov 15, 2021 , 5:00 p.m. ET Joe Crivelli Continue reading For further details see: Rackspace Technology, Inc. (RXT) Q3 2021 Earnings Call Transc...

Shares of Rackspace Technology (NASDAQ: RXT) racked up a peak gain of 23.4% just after the opening bell on Tuesday morning. The stock cooled down a bit as market makers pondered Monday evening's Street-stumping earnings report. By 12:45 p.m. EST, Rackspace traded 12.6% higher. I...

Lucid Group (NASDAQ:LCID) held the spotlight in Tuesday's midday trading, posting a double-digit percentage gain on strong bookings for its electric vehicles. Rackspace Technology (NASDAQ:RXT) represented another of the standout intraday gainers, thanks to upbeat quarterly results. Looking at...

SAN ANTONIO, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the results of a new global survey, conducted in association with Google Cloud, of 1,400+ IT executives, Future of Compute, ...

Rackspace Technology (RXT +11.7%) Q3 revenue was at $763M, a rise of 12%, beats estimates by $6.97M. Revenue was positively impacted by new customer acquisitions and growing customer spend in our Multicloud Services and Apps & Cross Platform segments. Bookings were $200M in Q3, a dec...

Kezar Life Sciences (NASDAQ:KZR) +46% on phase 2 data for lupus candidate Axon Enterprise (NASDAQ:AXON) +24% on Q3 results Cyclo Therapeutics (NASDAQ:CYTH) +19% on Q3 results. Comstock Holding Companies (NASDAQ:CHCI) +20% on Q3 results. Romeo Power (NYS...

Rackspace Technology, Inc. (RXT) Q3 2021 Earnings Conference Call November 15, 2021, 05:00 PM ET Company Participants Joseph Crivelli - Vice President, IR Kevin Jones - CEO Amar Maletira - President and CFO Conference Call Participants Kevin Damien - Credit Suisse Tien-Tsin Huang - JPMorgan R...

The following slide deck was published by Rackspace Technology, Inc. in conjunction with their 2021 Q3 earnings call. For further details see: Rackspace Technology, Inc. 2021 Q3 - Results - Earnings Call Presentation

Record Revenue of $763 million in the Third Quarter, up 12% Year-over-Year Core Revenue Grew 15% to $718 million Net loss of $(35) million, or $(0.17) per diluted share Non-GAAP Earnings Per Share Grew 32% Year-over-Year to $0.25 Quarterly Cash Flow From Operating Activi...