Rackspace Technology, Inc. (RXT)
| Market Cap | 3.83B |
| Revenue (ttm) | 2.62B |
| Net Income (ttm) | -228.81M |
| Shares Out | 186.70M |
| EPS (ttm) | -1.23 |
| PE Ratio | n/a |
| Forward PE | 15.87 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 21 |
| Last Price | $19.12 |
| Previous Close | $19.41 |
| Change ($) | -0.29 |
| Change (%) | -1.49% |
| Day's Open | 19.45 |
| Day's Range | 19.06 - 19.60 |
| Day's Volume | 486,689 |
| 52-Week Range | 15.40 - 21.35 |
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 fram...
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...
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 w...
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 m...
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 ...
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 ...
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 wholl...
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 ...
Rackspace Technology (RXT) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.
SAN ANTONIO, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end cloud technology solutions company announced today that it has achieved Amazon Web Serv...
Rackspace Technology announces new professional services and featured solutions at AWS re:Invent 2020 to support customers as they build the future of technology on AWS Rackspace Technology an...
Received 4 highest possible criteria scores within the current offering category and 4 in the strategy category criteria
SAN ANTONIO, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Onica , a Rackspace Technology™ (NASDAQ: RXT) company, Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) and aud...
LONDON, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, is supporting the International Air Transport Assoc...
SAN ANTONIO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will hold the virtual event How Businesses are...
SAN ANTONIO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) (the “Company”) today announced the early tender results for its previously announced tender offer (the “Tend...
SAN ANTONIO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will hold the virtual event How Businesses are...
SAN ANTONIO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) today announced that Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Off...
Despite the ongoing pandemic and the economic and operational challenges it continues to bring, Rackspace successfully managed to increase its revenue ($1,990.9 Billion 9 month in 2020 vs $1,8...
SAN ANTONIO, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced the results of a new survey, “To Bui...
LONDON, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been named APN Migration Partner of the Ye...
SAN ANTONIO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that Kevin Jones, Chief Execut...
SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it has priced its offering of $550.0 million aggregate principal amount of...
SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it is commencing a tender offer (the “Tender Offer”) to purchase for cash ...
SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that is proposing to issue $550.00 million aggregate principal amount of senior...
These stocks could offer tech-level growth at a low nominal price.
LONDON, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, is supporting Plus500's multicloud environment, having migrated services to Go...
Rackspace CEO on future of cloud computing and earnings beat
Rackspace Technology CEO Kevin Jones discusses company earnings and the future of cloud computing. #Rackspace #cloudcomputing #YahooFinance For 2020 election results please visit: Election res...
Rackspace CEO Kevin Jones on third-quarter earnings and outlook
Rackspace CEO Kevin Jones joins "Squawk Alley" to discuss the company's third-quarter results.
Rackspace Technology, Inc. (RXT) CEO Kevin Jones on Q3 2020 Results - Earnings Call Transcript
Rackspace Technology's (RXT) CEO Kevin Jones On Q3 2020 Results - Quick Version Earnings Call Transcript
SAN ANTONIO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will co-sponsor the Cloud — The Enabler of Inn...
Rackspace Technologies is a pureplay multicloud service provider that enables customers to manage their cloud platforms. The company has built its proprietary software called Rackspace Fabric ...
SAN ANTONIO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the results of its Internet of...
SAN ANTONIO, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) (the “Company”) today announced that it will release its third quarter 2020 financial results after the ...
LONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, has enabled Basware's cloud native service delivery operating on Amazon Web Se...
LONDON, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, has today announced that its management of Relay42’s Amazon Web Services (AWS)...
SAN ANTONIO, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced leading innovative IT transfor...
SAN ANTONIO, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will co-sponsor The New Cybersecurity Landscap...
SAN ANTONIO, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has strengthened its str...
SAN ANTONIO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it is working with Dell Tec...
LONDON, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has supported gohenry with its global growth pla...
SAN ANTONIO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it brought expanded Amazon ...
SAN ANTONIO and SYDNEY, Australia, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced its s...
SAN ANTONIO, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) (the “Company”), a leading end-to-end multicloud technology solutions company, today announced...
ATLANTA--(BUSINESS WIRE)-- #Analytics--Exasol announces a new strategic partnership with Rackspace Technology to help organizations maximize the value of their data in cloud environments.
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2020 is looking a whole lot like 1999, as technology initial public offerings that made little or no money came out and rocketed higher.
About RXT
Rackspace Technology operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The 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. The Apps & Cross Platform segment includes managed applications, managed security, ... [Read more...]
| Industry Software-Infrastructure | IPO Date Aug 5, 2020 |
| CEO Kevin M. Jones | Employees 6,800 |
| Stock Exchange NASDAQ | Ticker Symbol RXT |
Financial Performance
In 2019, RXT's revenue was $2.44 billion, a decrease of -0.60% compared to the previous year's $2.45 billion. Losses were -$102.30 million, -78.26% less than in 2018.
Analyst Forecasts
According to 8 analysts, the average rating for RXT stock is "Buy." The 12-month stock price forecast is 26.00, which is an increase of 35.98% from the latest price.