Rackspace Technology Inc. (RXT) PT Raised to $1.80 at UBS

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Go back to Rackspace Technology Inc. (RXT) PT Raised to $1.80 at UBS

Rackspace Technology (RXT) Tops Q1 EPS by 2c, provides guidance

May 9, 2024 5:13 PM EDT

Rackspace Technology (NASDAQ: RXT) reported Q1 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $690.8 million versus the consensus estimate of $709.4 million.

GUIDANCE:

Rackspace Technology sees Q2 2024 EPS of ($0.09)-($0.11), versus the consensus of ($0.11).... More