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Fourth Quarter Revenue of $720 million, down 9% Year-over-Year; 2023 Revenue of $2,957 million, down 5% Year-over-YearFourth Quarter Private Cloud Revenue of $285 million, down 14% Year-over-Year;...

Ransomware and data-exfiltration attacks are continuing to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one, which was hit by the Play ransomware group last year.

Ransomware and data-exfiltration attacks are continuing to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one, which was hit by the Play ransomware group last year.

Ransomware and data exfiltration attacks continue to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one. Rackspace was hit by the Play ransomware group last year.

Issue blamed on SAN storage error

Theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.

Rackspace revenue drops in first quarter under new operating structure; CEO says improvement ahead as public, private cloud plans gel

Operator: Good afternoon and thank you for standing by. Welcome to Rackspace Technology’s First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Revenue of $759 million in the First Quarter, down 2% Year-over-YearPublic Cloud Revenue grew 7% Year-over-Year to $445 millionPrivate Cloud Revenue was $314 million, down 12% Year-over-YearFirst Quarter

Non-GAAP Other Income 1 – millionNon-GAAP Tax Expense Rate26 %Non-GAAP Weighted Average Shares214 – 216 million 1 Non-GAAP Other Income is only expected to include interest expense. ... | May 9, 2023