Rackspace Technology, Inc. (RXT)
| Market Cap | 3.73B |
| Revenue (ttm) | 2.78B |
| Net Income (ttm) | -261.60M |
| Shares Out | 206.18M |
| EPS (ttm) | -1.37 |
| PE Ratio | n/a |
| Forward PE | 19.19 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 13 |
| Last Price | $18.47 |
| Previous Close | $18.28 |
| Change ($) | 0.19 |
| Change (%) | 1.04% |
| Day's Open | 18.48 |
| Day's Range | 18.07 - 18.76 |
| Day's Volume | 1,608,657 |
| 52-Week Range | 15.25 - 26.43 |
SAN ANTONIO, May 13, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), an end-to-end, multicloud technology solutions company, announced today its collaboration with FINCAD, a global provid...
VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been named AWS Mig...
The cloud-computing expert beat the Street in the first quarter, but analysts and investors found a few market-moving concerns anyway.
SAN ANTONIO, May 11, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been named a Top 15 Sourcing Stand...
SAN ANTONIO, May 10, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its first quarter ended ...
Rackspace Technology (RXT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
New flagship solution combines Fanatical Experience, with VMware Cloud Director technology to deliver best-in-class VMware environment New flagship solution combines Fanatical Experience, with VMware Cl...
SAN ANTONIO, May 05, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced today its relationship with McChrystal Group, a...
Companies will collaborate on products, technologies, and go to market activities Companies will collaborate on products, technologies, and go to market activities
SAN ANTONIO, April 22, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) today announced that it will release its first quarter 2021 financial results after the market closes on Monday, ...
Modernizing Legacy Infrastructure Resulted in 32% Reduction to Operating Costs and Simplified Purchasing Process Modernizing Legacy Infrastructure Resulted in 32% Reduction to Operating Costs and Simpli...
SAN ANTONIO, April 20, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ®(NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today that it has achieved Amazon Web Servic...
Designed with cloud native thinking, this ‘do with' approach gives customers on-demand access to a dedicated pod of cloud engineers working alongside their team to deliver cloud outcomes while empowerin...
SAN ANTONIO, April 08, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today its relationship with Brave Software w...
SAN ANTONIO, April 06, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will hold the virtual roundtable: What Your Cloud Strat...
SAN ANTONIO, April 01, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology TM (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today its collaboration with Blackline S...
Rackspace Technology, Inc. (NASDAQ: RXT) has transformed its business by providing multicloud services to hyperscale cloud infrastructure providers. The company has also established a “robust partner ec...
Rackspace Technology Provided Critical Development to Help Qwake Technology Launch their Groundbreaking C-THRU Solution Rackspace Technology Provided Critical Development to Help Qwake Technology Launch...
SAN ANTONIO, March 23, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will hold the virtual event Predicting Your Customer Ne...
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SAN ANTONIO, March 16, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has worked with multidisciplinary pr...
LONDON, March 10, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been selected by ADCO Umweltdienste Holding GmbH to spea...
SAN ANTONIO, March 05, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) today announced that Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Officer, wil...
SAN ANTONIO, March 04, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the successful completion of a major ar...
SAN ANTONIO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been recognized as Cloudflare's Worldwide MSP Partne...
Despite a fourth-quarter earnings and revenue beat, investors were disappointed.
SAN ANTONIO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Please note this release is the corrected version to replace a release issued under the same headline earlier today by Rackspace Technology, Inc. (Nasdaq: ...
SAN ANTONIO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology TM (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today that it has been selected as the Cl...
SAN ANTONIO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the results and solution details of its ...
SAN ANTONIO, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company and a member of Oracle PartnerNetwork (OPN), today announ...
SAN ANTONIO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the successful collaboration with Microc...
SAN ANTONIO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the successful completion of work with T...
Rackspace Technology Announces Pricing of $550 Million Notes Offering by Rackspace Technology Global
SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) today announced that its wholly owned subsidiary Rackspace Technology Global, Inc. (the “Company”) has priced its offer...
Migration from SAP to Google Cloud allowed Mrs. T's to experience a 60% acceleration in batch transitions and on-screen end-user transactions Migration from SAP to Google Cloud allowed Mrs. T's to exper...
SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) today announced that its wholly owned subsidiary Rackspace Technology Global, Inc. (the “Company”) is proposing to issu...
Two years back, Rackspace moved away from its main role as an end-to-end technology solutions provider. The new strategy to focus purely on cloud is paying off with bookings increasing at double-digit f...
SAN ANTONIO, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company today announced the results of a global survey that rev...
The multicloud service provider got a bullish initiation from Wall Street.
LONDON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been selected by GEANT's new procurement framework, Ope...
The addition of Martineli forms part of a broader investment across LATAM, including an expansion into Central and South American countries supporting local companies The addition of Martineli forms par...
SAN ANTONIO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) (the “Company”), a leading end-to-end multicloud technology solutions company, today announced that it will releas...
HEIDELBERG, Germany, Jan. 19, 2021 (GLOBE NEWSWIRE) -- SNP Schneider-Neureither & Partner SE, a leading provider of software solutions for digital transformation processes and automated data migrations,...
SAN ANTONIO, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been positioned in the Major Play...
LONDON, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been named a Leader in three categories of the 2020 ISG P...
SAN ANTONIO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) today announced the final results for the previously announced tender offer (the “Tender Offer”) by its wholly owned su...
Human.Ai Expected to Save 70% on Infrastructure Costs Human.Ai Expected to Save 70% on Infrastructure Costs
LONDON, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, has extended its work with the British Heart Foundation to provide support to its online...
About RXT
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; ma... [Read more...]
| Industry Software-Infrastructure | IPO Date Aug 5, 2020 |
| Stock Exchange NASDAQ | Ticker Symbol RXT |
Financial Performance
In 2020, RXT's revenue was $2.71 billion, an increase of 11.03% compared to the previous year's $2.44 billion. Losses were -$245.80 million, 140.3% more than in 2019.
Analyst Forecasts
The average 12-month stock price forecast for RXT is 26.83, which is an increase of 45.26% from the latest price.