Rackspace Technology Reports First Quarter 2022 Results; Company Evaluating Strategic Alternatives

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Rackspace Technology (RXT) Tops Q1 EPS by 1c, Guides Below Views; Evaluating Strategic Alternatives

May 10, 2022 4:13 PM EDT

Rackspace Technology (NASDAQ: RXT) reported Q1 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $776 million versus the consensus estimate of $774.49 million.

Mr. Jones added, Rackspace Technology recently completed an in-depth strategic review of our company. As... More