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Cloud, easy. Rackspace Technology Inc.s Net Margin is presently recorded at -4.20. George J. Rackspace Technology Inc. (NASDAQ:RXT) went up by 0.56% from its latest closing price compared to the recent 1-year high of $22.75. Last week, Rackspace reported its highest ever quarterly revenue of $681.7 million for the three months ending Sept. 30, up 13% from revenue of $602 million in third quarter 2019. Press Release reported 21 hours ago that Press Release: Rackspace Technology Manages Basware Cloud Transformation with AWS Public Cloud Migration Rackspace Technology shares outstanding from 2020 to 2020. Rackspace Technology Global repurchased the tendered 8.625% Senior Notes for aggregate cash of $557 million, which reflected a price of 105.75% of the principal amount thereof, plus accrued and unpaid interest. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term. The company posted revenue of $681.7 million in the period. View 4,000+ financial data types. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to Rackspace Technology beats earnings estimates as customers double down on cloud computing November 11, 2020, 10:00 a.m. Rackspace Technology reported third quarter earnings that beat expectations. San Antonio-based Rackspace announced a second-quarter net loss of $33 million on revenue of $657 million in revenue, a 9 percent increase, The consensus earnings estimate was $0.18 per share on revenue of $681.9 million. Apply on company website. Analyst Opinion on Rackspace Technology (NASDAQ:RXT) View Rackspace Technology (www.rackspace.com) location in Texas, United States , revenue, industry and description. The business had revenue of $656.50 million for the quarter. Let our multi-cloud expertise help you navigate the complexities of a software-first model. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. San Antonios Rackspace Technology Inc. said Tuesday it lost $101 million in the third quarter on sharply higher revenue. The company also provided guidance above the consensus estimates. Rackspace Technology Inc. (RXT) Earnings and Revenue Records. Rackspace Technology is currently generating $2B in revenue in multicloud offerings spanning security, applications, data, and professional services from Rackspace was launched in October 1998 with Richard Yoo as its CEO. _____ Rackspace Technology's revenue is the ranked 4th among it's top 10 competitors. This metric excludes the company's treasury shares. Rackspace Technology has over 3,000 certified cloud experts on AWS, GCP, Azure and OpenStack. On March 28, 2000, Rackspace received funding through lead investor Norwest Venture Partners and Sequoia Capital. The company posted revenue of $681.7 million in the period. Profitability See who Rackspace Technology has hired for this role. The companys stock price has collected -4.01% of loss in the last five trading sessions. Rackspace Technology expects full-year earnings in the range of 79 cents to 81 cents per share. The company posted revenue of $681.7 million in the period. The company report on September 10, 2020 that Rackspace Technology Global Announces Final Results of Tender Offer.. Rackspace Technology Global, Inc. (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced Rackspace Technology has generated $0.00 earnings per share over the last year. Rackspace Technology (RXT) reported 3rd Quarter September 2020 earnings of $0.19 per share on revenue of $681.7 million. Following the repurchases, Rackspace Technology Global canceled $515 million of 1.1% of LINE shares are held by institutional investors. Rackspace Technology, Inc. (NASDAQ:RXT) Q3 2020 Earnings Conference Call Nov 10, 2020, 05:00 PM ET Company Participants Joe Crivelli - VP, IR Kevin Jones - CEO Dustin Semach - Rackspace has 6,800 employees across 16 locations and $2 B in annual revenue in FY 2015. Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. Rackspace Technology Inc. [NASDAQ: RXT] gained 2.25% on the last trading session, reaching $19.08 price per share at the time. Over the last four quarters, Rackspace Technology's revenue has grown by 13.2%. Rackspace Technology expects full-year earnings in the range of 79 cents to 81 cents per share. Although most hosting companies focused on the technology end of hosting, Rackspace created its "Fanatical Support" offering to focus on service and support. Revenue vs Market: RXT's revenue (8.5% per year) is forecast to grow slower than the US market (10.2% per year). Rackspace Technology has lower revenue, but higher earnings than LINE. The Earnings Whisper number was $0.20 per share. See insights on Rackspace including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Rackspace Technology Global, Inc. provides software solutions. _____ Rackspace Technology returned to the public market Wednesday with an initial public offering that underperformed.The Rackspace IPO raised $704 million but priced at the low end of its range. The company posted revenue of $681.7 million in the period. Rackspace Technology revenue from 2021 to 2020. Rackspace Technology has confirmed that its next quarterly earnings report will be published on Tuesday, November 10th, 2020. Rackspace Technology has not reconciled Consolidated revenue growth, Year-over-Year in constant currency or Core Revenue growth, Year-over From 2017 to 2018, Rackspace saw its revenue expand from $2.14 billion to $2.45 billion, growth of 14.4%. It operates through Multicloud Services and Apps & Cross Platform segments. SAN ANTONIO (AP) _ Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. Earnings, adjusted for non-recurring costs, came to 19 cents per share. The company posted revenue of $681.7 million in the period. It was Rackspaces second earnings report since going public Aug. 5. The San Antonio-based company said it had a loss of 54 cents per share. _____ Insider and Institutional Ownership. Operating Margin for any stock indicates how profitable investing would be, and Rackspace Technology Inc. [RXT] shares currently have an operating margin of +4.93 and a Gross Margin at +41.47. The top 10 competitors average 2.6B. Rackspace Technology Inc. [RXT]: A deeper dive into fundamental analysis. More about Cloud Solutions Rackspace Technology expects full-year earnings in the range of 79 cents to 81 cents per share. The company shrank slightly in 2019, falling from $2.45 billion in revenue Find related and similar companies as Earnings, adjusted for non-recurring costs, came to 19 cents per share.The company posted revenue of $681.7 million in the period.Rackspace Technology expects full-year earnings in the Rackspace Technology expects full-year earnings in the range of 79 cents to 81 cents per share. Rackspace Technology expects full-year earnings in the range of 79 cents to 81 cents per share. Going through the last 3-months fiscal report unveiled on the 9/29/2020, it has been observed that the corporation posted $0.19 earnings per share (EPS) during the time that was better the consensus figure (set at $0.18) by $0.01. Weve supported over tens of thousands of customers working to migrate, optimize costs and improve their operations. SAN ANTONIO (AP) _ Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter.The San Antonio-based company said it had a loss of 54 cents per share. The company posted revenue of $681.7 million in the period. Rackspace Technology Revenue (Quarterly): 656.50M for June 30, 2020. Revenue Accountant Rackspace Technology San Antonio, TX 2 weeks ago Be among the first 25 applicants.