Rackspace (RAX) Shares Jump 6% Following Q4 Beat
Shares of Rackspace (NYSE: RAX) are now up about 6 percent in Monday's post-market session following a Q4 beat on both the top and bottom lines.
The company posted earnings of 18 cents per share on sales of $283.3 million. The Street was anticipating earnings of 15 cents per share on sales of $281 million.
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The company posted earnings of 18 cents per share on sales of $283.3 million. The Street was anticipating earnings of 15 cents per share on sales of $281 million.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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