Rackspace (RAX) Misses Q4 EPS by 5c

Rackspace (NYSE: RAX) reported Q4 EPS of $0.14, $0.05 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $408.1 million versus the consensus estimate of $474.5 million.

For the full year 2015, Rackspace expects revenue to grow between 14 percent and 18 percent on a constant currency basis. Based on foreign currency movements to date, Rackspace anticipates a 200 basis point headwind to revenue growth for the full year of 2015, resulting in GAAP revenue in the range of $2.0 billion to $2.1 billion. The company expects adjusted EBITDA margins to be between 33 percent and 36 percent for the year.

For earnings history and earnings-related data on Rackspace (RAX) click here.

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