Rackspace Technology Reports First Quarter 2021 Results

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Rackspace Technology (RXT) Tops Q1 EPS by 2c

May 10, 2021 4:01 PM EDT

Rackspace Technology (NASDAQ: RXT) reported Q1 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $726 million versus the consensus estimate of $724.08 million.

Kevin Jones, Chief Executive Officer, commented, Our first quarter results represent a strong start to the year. We continued to grow both total and Core revenue by double digits.... More