Rackspace Technology Reports Third Quarter 2020 Results

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Rackspace Technology (RXT) Tops Q3 EPS by 1c, Updates FY Guidance

November 10, 2020 4:05 PM EST

Rackspace Technology (NASDAQ: RXT) reported Q3 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $682 million versus the consensus estimate of $667.25 million.

GUIDANCE:

Rackspace Technology sees FY2020 EPS of $0.79-$0.81, versus the consensus of... More