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Rackspace Technology (NASDAQ:RXT – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, Zacks.com reports. According to Zacks, “Rackspace Technology Inc. provides technology services which design, build and operate cloud environments. Rackspace Technology Inc. is based in SAN ANTONIO. “ A number […]
Rackspace Technology (NASDAQ:RXT – Get Rating) updated its second quarter 2022 earnings guidance on Tuesday. The company provided EPS guidance of $0.15-$0.17 for the period, compared to the consensus EPS estimate of $0.23. The company issued revenue guidance of $744.00 million-$752.00 million, compared to the consensus revenue estimate of $800.71 million. Several research firms recently […]
Rackspace Technology (NASDAQ:RXT – Get Rating) updated its second quarter 2022 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.15-$0.17 for the period, compared to the consensus earnings per share estimate of $0.23. The company issued revenue guidance of $744.00 million-$752.00 million, compared to the consensus revenue estimate of $800.71 million. […]
Revenue of $776 million in the First Quarter, up 7% Year-over-YearCore Revenue Grew 9% to $735 millionQuarterly Cash Flow From Operating Activities of $65 million SAN ANTONIO, May 10, 2022 (GLOBE NEWSWIRE)
Wall Street analysts expect that Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) will report earnings per share of $0.21 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Rackspace Technology’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.20. Rackspace Technology posted earnings of $0.23 […]