Rackspace Reports Second Quarter Results

Go back to Rackspace Reports Second Quarter Results

Rackspace (RAX) Tops Q2 EPS by 16c,; Guides Q3 Revs Below the Street

August 8, 2016 4:07 PM EDT

Rackspace (NYSE: RAX) reported Q2 EPS of $0.38, $0.16 better than the analyst estimate of $0.22. Revenue for the quarter came in at $524 million versus the consensus estimate of $521.19 million.

"Demand is scaling rapidly for the expertise and managed services that we provide to... More