The Q1 2026 earnings report really wasn't terribly inspiring. Revenues rose 2% year-over-year to $678 million, slightly ahead of Wall Street's $675 million consensus target. On the bottom line, ...

Rackspace Technology, Inc. RXT reported upbeat fourth-quarter results, but issued first-quarter guidance below estimates. The company announced refinancing transactions. Rackspace Tech posted adjusted ...

After its sustained decline, Rackspace Technology is now a penny stock, not far from the one-dollar-per-share threshold. This penny stock faces fierce competition from much bigger rivals, while its ...

Rackspace announced that it will deploy 30 MW of AMD-based compute, beginning in late 2026 and continuing through 2028, for highly regulated Rackspace clients, such as healthcare providers. The ...

Rackspace Technology Inc. reported its first profitable quarter in two years Thursday, sending its share prices to a four-year high. The San Antonio-based cloud computing company also announced a ...

SAN ANTONIO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud technology solutions company, today announced the company's Sustainability ...

CEO Gajen Kandiah emphasized a sharpened strategy in response to the market's shift towards AI at scale within enterprise systems, stating "Organizations now expect AI to deliver returns on their ...

SAN ANTONIO–(BUSINESS WIRE)–Rackspace Technology, Inc. (“Rackspace Technology”) today announced the launch of its initial public offering of 33,500,000 shares of its common stock. The initial public ...