Rackspace Technology (RXT) Tops Q2 EPS by 2c, Q3 Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Rackspace Technology Reports Second Quarter 2021 Results
August 11, 2021 4:00 PM EDTRecord Revenue of $744 million in the Second Quarter, up 13% Year-over-Year
Core Revenue Grew 17% to $698 millionNet loss of $(37) million, or $(0.18) per diluted shareNon-GAAP Earnings Per Share Grew 14% Year-over-Year to $0.24Quarterly Cash Flow From Operating Activities of $106 million
SAN ANTONIO, Aug. 11, 2021 (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, 2021.
Kevin Jones, Chief Executive Officer, commented, Our second quarter financial results were solid, with double-digit revenue growth and strong operating profit margins. In... More
