Rackspace Technology (RXT) Reports Q2 Loss of $0.20/sh, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Rackspace Technology Reports Second Quarter 2020 Results
August 31, 2020 4:16 PM EDTSecond Quarter Revenue of $657 million, up 9% Year-over-YearRecord Quarterly Bookings of $288 million, an increase of 107% Year-over-YearNet loss of $33 million, or ($0.20) per diluted shareAdjusted EBITDA was $188 million and Adjusted EBITDA margin was 29%
SAN ANTONIO, Aug. 31, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its second quarter ended June 30, 2020.
Rackspace Technology Chief Executive Officer Kevin Jones commented, We are proud and very excited to report our second quarter results following our IPO earlier this month. The... More
