Rackspace Technology Reports Second Quarter 2020 Results

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Go back to Rackspace Technology Reports Second Quarter 2020 Results

Rackspace Technology (RXT) Reports Q2 Loss of $0.20/sh, Offers Guidance

August 31, 2020 4:20 PM EDT

Rackspace Technology (NASDAQ: RXT) reported Q2 EPS of ($0.20), versus $0.38 reported last year. Revenue for the quarter came in at $657 million, versus $602.4 million reported last year.

GUIDANCE:

Rackspace Technology sees FY2020 EPS of $0.75-$0.81.

Consolidated revenue growth, Year-over-Year in constant currency 9.0% -... More