Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
05 August 2020Website:
http://www.rackspace.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 111 min agoDividend
Analysts recommendations
Institutional Ownership
RXT Latest News
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Rackspace (RXT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.06 per share a year ago.
SAN ANTONIO, March 07, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced that it will release its fourth quarter and full year 2023 financial results after the market closes on Tuesday, March 12, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (March 12, 2024) at 5:00 PM ET to discuss the Company's financial results.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Rackspace (RXT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Rackspace (RXT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Rackspace Technology, Inc. (NASDAQ:RXT ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Sagar Hebbar - Head-Investor Relations Amar Maletira - Chief Executive Officer Bobby Molu - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Frank Louthan - Raymond James Bradley Clark - BMO Matthew Roswell - RBC Operator Good day and thank you for standing by. Welcome to Rackspace Technology Third Quarter 2023 Earnings Webcast.
SAN ANTONIO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) — a leading end-to end, hybrid multicloud technology solutions company, today announced that it will release its third quarter 2023 financial results after the market closes on Tuesday, November 7, 2023. Amar Maletira, Chief Executive Officer, and Bobby Molu, Chief Financial Officer, will host a conference call on the day of the release (November 7, 2023) at 5:00 PM ET to discuss the Company's financial results.
Rackspace Technology, Inc. operates in a promising market with a large and growing multi-cloud TAM. The company's Public Cloud business is currently facing a decline, which raises concerns about its performance in this specific sector. The stock trades at a discount to leading IT services peers, which I believe is warranted in the near term.
Rackspace (RXT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.17 per share a year ago.
What type of business is Rackspace Technology?
Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
What sector is Rackspace Technology in?
Rackspace Technology is in the Technology sector
What industry is Rackspace Technology in?
Rackspace Technology is in the Software Infrastructure industry
What country is Rackspace Technology from?
Rackspace Technology is headquartered in United States
When did Rackspace Technology go public?
Rackspace Technology initial public offering (IPO) was on 05 August 2020
What is Rackspace Technology website?
https://www.rackspace.com
Is Rackspace Technology in the S&P 500?
No, Rackspace Technology is not included in the S&P 500 index
Is Rackspace Technology in the NASDAQ 100?
No, Rackspace Technology is not included in the NASDAQ 100 index
Is Rackspace Technology in the Dow Jones?
No, Rackspace Technology is not included in the Dow Jones index
When does Rackspace Technology report earnings?
The next expected earnings date for Rackspace Technology is 08 August 2024