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

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Rackspace Reports Second Quarter Results

August 8, 2016 4:05 PM EDT

SAN ANTONIO, TX -- (Marketwired) -- 08/08/16 --

Revenue grew 7.0 percent on a GAAP basis compared to Q2 2015Revenue grew 8.9 percent on a normalized basis compared to Q2 2015 Net income margin was 6.8 percentAdjusted EBITDA margin was 35.8 percentCash flow from operating activities was $165 millionFree Cash Flow was $98 millionOn a fully diluted... More