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Rackspace Technology (RXT) News Today

$1.96
+0.10 (+5.38%)
(As of 05/31/2024 ET)
Kellie Teal-Guess Sells 61,393 Shares of Rackspace Technology, Inc. (NASDAQ:RXT) Stock
Rackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) insider Kellie Teal-Guess sold 61,393 shares of the company's stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $2.13, for a total transaction of $130,767.09. Following the completion of the sale, the insider now directly owns 909,775 shares of the company's stock, valued at $1,937,820.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Rackspace Technology (NASDAQ:RXT) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
Rackspace Technology (NASDAQ:RXT - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.02. The company had revenue of $690.80 million during the quarter, compared to analyst estimates of $684.21 million. Rackspace Technology had a negative return on equity of 10.18% and a negative net margin of 28.33%. The firm's quarterly revenue was down 8.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.02) earnings per share.
Rackspace Technology (NASDAQ:RXT) Updates Q2 2024 Earnings Guidance
Rackspace Technology (NASDAQ:RXT) updated its second quarter 2024 earnings guidance. The company provided EPS guidance of -0.110--0.090 for the period, compared to the consensus estimate of -0.110. The company also issued revenue guidance of $668.0 millionillion-$678.0 millionillion, compared to the consensus estimate of $675.8 millionillion.
Rackspace Technology (NASDAQ:RXT) Issues Q1 2024 Earnings Guidance
Rackspace Technology (NASDAQ:RXT) updated its first quarter 2024 earnings guidance. The company provided EPS guidance of -0.140--0.120 for the period, compared to the consensus estimate of -0.130. The company also issued revenue guidance of $680.0 millionillion-$690.0 millionillion, compared to the consensus estimate of $684.3 millionillion.
Rackspace Technology, Inc. (RXT)
Rackspace Technology (NASDAQ:RXT) Releases Q1 Earnings Guidance
Rackspace Technology (NASDAQ:RXT) updated its first quarter earnings guidance. The company provided EPS guidance of ($0.14)-($0.12) for the period, compared to the consensus estimate of ($0.13). The company also issued revenue guidance of $680-$690 millionillion, compared to the consensus estimate of $684.21 millionillion.
Rackspace Technology, Inc. (NASDAQ:RXT) Given Consensus Recommendation of "Hold" by Brokerages
Rackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) has been assigned a consensus rating of "Hold" from the eight research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a bu
RXT Apr 2024 3.000 call
Rackspace Technology (NASDAQ:RXT) Issues Earnings Results
Rackspace Technology (NASDAQ:RXT - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company had revenue of $720.00 million during the quarter, compared to analyst estimates of $714.74 million. Rackspace Technology had a negative return on equity of 10.18% and a negative net margin of 35.70%. Rackspace Technology's quarterly revenue was down 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 EPS.
Recap: Rackspace Tech Q4 Earnings
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RXT Media Mentions By Week

RXT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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RXT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

RXT Articles
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RXT Articles
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This page (NASDAQ:RXT) was last updated on 6/1/2024 by MarketBeat.com Staff

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