Rackspace Technology, Inc. (RXT)
| Market Cap | 3.09B |
| Revenue (ttm) | 2.87B |
| Net Income (ttm) | -265.60M |
| Shares Out | 207.90M |
| EPS (ttm) | -1.33 |
| PE Ratio | n/a |
| Forward PE | 13.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 582,301 |
| Open | 14.38 |
| Previous Close | 14.50 |
| Day's Range | 14.34 - 14.85 |
| 52-Week Range | 13.07 - 26.43 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Est. Earnings Date | Nov 10, 2021 |
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...
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.
Financial StatementsNews
Rackspace Technology to Announce Third Quarter 2021 Earnings on Monday, November 15, 2021
SAN ANTONIO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that it will release its third quarter ...
New Rackspace Technology Survey of Global IT Leaders Reveals Lack of Confidence, Resources Within Their Organizations...
Recruiting Challenges, IT Evolution and Remote Work Environments Among Factors Increasing Security Complexity Recruiting Challenges, IT Evolution and Remote Work Environments Among Factors Increasing Se...
Rackspace Technology Appoints Shashank Samant to Board of Directors
SAN ANTONIO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Shashank Samant to i...
Rackspace Technology increases Customer Speed, Quality and Efficiency with Container Enablement
Unique Engagement Model Provides On-Demand Expertise for Managing Containerization Platforms Unique Engagement Model Provides On-Demand Expertise for Managing Containerization Platforms
Rackspace Technology Achieves SAP on Google Cloud Specialization
Google Cloud Recognizes Rackspace Technology for Technical Proficiency and Proven Success in SAP on Google Cloud Services Google Cloud Recognizes Rackspace Technology for Technical Proficiency and Prove...
RXT or TRI: Which Is the Better Value Stock Right Now?
RXT vs. TRI: Which Stock Is the Better Value Option?
Rackspace Technology Wins Dell Technologies Global Alliances – Excellence in Expansion, EMEA Award 2021
LONDON, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), an end-to-end multicloud technology solutions company, today announced that it has received the Dell Technologies Global A...
Rackspace Technology Provides On-Demand Specialty Expertise with Rackspace Elastic Engineering for ERP
New Offering Maximizes the Value of Existing Applications Stack While Pursuing a Path to Modernizing Application Solutions New Offering Maximizes the Value of Existing Applications Stack While Pursuing ...
Rackspace Technology Announces Tech Industry Must Learn from its Past Cloud Talk Podcast Featuring Wyndham Hotel Grou...
SAN ANTONIO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced a recent Solve ™ Cloud Talk podcast Rac...
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Rackspace Technology, Inc. for Potential Breaches o...
NEW YORK, Sept. 24, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty c...
New Strong Sell Stocks for September 21st
FRO, NTES, GPRK, RXT, and PRLB have been added to the Zacks Rank #5 (Strong Sell) List on September 21, 2021
Rackspace Technology Empowers Productivity with Rackspace Elastic Engineering for Microsoft 365
New Offering Delivers Modernized Email and Productivity Applications through a Flexible, Scalable Services Approach New Offering Delivers Modernized Email and Productivity Applications through a Flexibl...
Rackspace Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs
New Offering Addresses Common Pain Point Affecting Public Cloud Users New Offering Addresses Common Pain Point Affecting Public Cloud Users
AGU selected Rackspace Technology to Strengthen Infrastructure
SAN ANTONIO, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it worked with the American Geophysical...
Holly Windham, Rackspace Technology Executive Vice President, Chief Legal and People Officer Receives Top General Cou...
SAN ANTONIO, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that Holly Windham, Rackspace Technology...
Rackspace Technology Simplifies Multicloud Security for the Future with Rackspace Elastic Engineering for Security
Dedicated pod of security experts operates as an extension of customer teams, providing a simplified, modern approach to solving complex security challenges Dedicated pod of security experts operates as...
Rackspace Technology Recognized as One of Achievers 50 Most Engaged Workplaces
SAN ANTONIO, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced its recognition as one of the 2021 Achi...
Tuesday Afternoon Analyst Upgrades and Downgrades: Lululemon, Progressive, Rackspace, Tesla and More
With the trading day more than halfway over, the broad markets were in full retreat.
CORRECTING and REPLACING - Rackspace Technology Reports Second Quarter 2021 Results
In a release issued under the same headline earlier today by Rackspace Technology, Inc. (Nasdaq: RXT), headers have been corrected and replaced in several financial tables. Complete corrected text follows.
Rackspace (RXT) Q2 Earnings and Revenues Top Estimates
Rackspace (RXT) delivered earnings and revenue surprises of 4.35% and 0.25%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Rackspace Technology Reports Second Quarter 2021 Results
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 ende...
Rackspace Technology Works with Arthrex to Reimagine the Patient Experience Post-Surgery
SAN ANTONIO, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has worked with Arthrex, a life scie...
Can Rackspace (RXT) Keep the Earnings Surprise Streak Alive?
Rackspace (RXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Rackspace (RXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Rackspace (RXT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rackspace Technology Collaborates with iPromote to Reduce Operational Costs by 30% with Linux on AWS
SAN ANTONIO, July 29, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has worked with iPromote, a turnkey ...