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Rackspace Technology, Inc. (RXT)

NASDAQ: RXT · Delayed Price · USD
14.15
-0.49 (-3.35%)
Pre-market:Oct 22, 2021 4:24 AM EDT
14.64
0.14 (0.97%)
At close: Oct 21, 4:00 PM
Market Cap3.09B
Revenue (ttm)2.87B
Net Income (ttm)-265.60M
Shares Out207.90M
EPS (ttm)-1.33
PE Ration/a
Forward PE13.09
Dividendn/a
Ex-Dividend Daten/a
Volume582,301
Open14.38
Previous Close14.50
Day's Range14.34 - 14.85
52-Week Range13.07 - 26.43
Betan/a
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 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...

IndustrySoftware-Infrastructure
IPO DateAug 5, 2020
Employees7,200
Stock ExchangeNASDAQ
Ticker SymbolRXT
Full Company Profile

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 Statements

News

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 ...

15 hours ago - GlobeNewsWire

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...

1 day ago - GlobeNewsWire

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...

2 days ago - GlobeNewsWire

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

2 days ago - GlobeNewsWire

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...

6 days ago - GlobeNewsWire

RXT or TRI: Which Is the Better Value Stock Right Now?

RXT vs. TRI: Which Stock Is the Better Value Option?

Other symbols:TRI
1 week ago - Zacks Investment Research

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...

1 week ago - GlobeNewsWire

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 ...

2 weeks ago - GlobeNewsWire

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...

3 weeks ago - GlobeNewsWire

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...

3 weeks ago - PRNewsWire

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

Other symbols:FROGPRKNTESPRLB
1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

Other symbols:LULUTSLA
2 months ago - 24/7 Wall Street

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.

2 months ago - GlobeNewsWire

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?

2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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 ...

2 months ago - GlobeNewsWire