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September 20, 2023
-- Rackspace Technology shares jumped 36% after Raymond James upgraded the stock to outperform from market perform. The brokerage has a $3.50 price target on the stock. Intraday trading topped...
September 19, 2023
-- Rackspace Technology has an average investment rating of hold among analysts polled by Capital IQ, with price targets ranging from $1.50 to $3.50. Price: 1.6, Change: +0.12, Percent Change:...
May 9, 2023
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
May 9, 2023
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
February 23, 2022
Despite earnings and revenue beat, Rackspace's stock sinks on weak outlook - SiliconANGLE
May 11, 2021
SHARE Cloud computing services company Rackspace Technology Inc. saw its stock fell sharply in after-hours trading despite posting strong first-quarter financial results that beat Wall Street’s expectations. The company reported record revenue as it grew its client base and existing customers spent more. For the first quarter, Rackspace reported a profit before certain costs such as stock compensation of 23 cents per share on revenue of $726 million, up 11% from a year ago. Wall Street had fo...