Rackspace Technology (RXT) Tops Q1 EPS by 2c, provides guidance

Rackspace Technology (NASDAQ: RXT) reported Q1 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $690.8 million versus the consensus estimate of $709.4 million.

GUIDANCE:

Rackspace Technology sees Q2 2024 EPS of ($0.09)-($0.11), versus the consensus of ($0.11). Rackspace Technology sees Q2 2024 revenue of $668-678 million, versus the consensus of $675.8 million.

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

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