Rackspace Technology (RXT) Tops Q2 EPS by 3c; offers Q3 guidance

Rackspace Technology (NASDAQ: RXT) reported Q2 EPS of ($0.08), $0.03 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $685 million versus the consensus estimate of $673.6 million.

GUIDANCE:

Rackspace Technology sees Q3 2024 EPS of ($0.06)-($0.08), versus the consensus of ($0.08). Rackspace Technology sees Q3 2024 revenue of $668-680 million, versus the consensus of $672.3 million.

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

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