Rackspace Technology(RXT)

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Dell Medical School Taps Rackspace for Industry-Disrupting Cloud Strategy: Building an Academic Medical Center Without Traditional Data Centers
Globenewswire· 2025-08-12 13:05
Core Insights - Rackspace Technology has partnered with Dell Medical School at The University of Texas at Austin to provide fully managed cloud-native services for healthcare IT infrastructure, marking a significant transformation in the sector [1][2][3] Partnership Details - The partnership aims to establish Dell Med as a leading academic medical center by managing its Epic Electronic Health Record (EHR) and related workloads, which will serve as the comprehensive EHR platform for future clinics and hospitals [2][3] - Rackspace will deliver a fully managed service model, ensuring operational excellence and a seamless transition for Dell Med's digital transformation [3][4] Future Plans - Dell Med plans to develop a new academic medical center without a traditional physical data center, relying on Rackspace to host and manage critical digital infrastructure components, including Epic and other clinical workloads [5] - The cloud services provided will be designed with redundancy to support patient safety, regulatory standards, and system resilience [5]
Rackspace Technology(RXT) - 2025 Q2 - Quarterly Report
2025-08-11 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-39420 RACKSPACE TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) (State or other jurisdic ...
Rackspace Technology(RXT) - 2025 Q2 - Earnings Call Transcript
2025-08-07 22:00
Rackspace (RXT) Q2 2025 Earnings Call August 07, 2025 05:00 PM ET Speaker0Good day, and thank you for standing by. Welcome to the Brackspace Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you'll need to press 11 on your telephone.You will then hear an automated message advising your hand is raised. To withdraw your questio ...
Rackspace Technology(RXT) - 2025 Q2 - Earnings Call Presentation
2025-08-07 21:00
Disclaimer Forward-Looking Statements Rackspace Technology has made statements in this presentation and other reports, filings, and other public written and verbal announcements that are forward-looking and therefore subject to risks and uncertainties. All statements, other than statements of historical fact, included in this presentation are, or could be, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are made in reliance on the safe harbor prote ...
Rackspace Technology(RXT) - 2025 Q2 - Quarterly Results
2025-08-07 20:10
Exhibit 99.1 Rackspace Technology Reports Second Quarter 2025 Results SAN ANTONIO, August 7, 2025 – Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its second quarter ended June 30, 2025. Amar Maletira, Chief Executive Officer, stated, "I am pleased with our second quarter results. Revenue and operating profit exceeded the midpoint of guidance and EPS was within our guided range." Mr. Maletira added, "Go‑to‑market execution a ...
Rackspace Technology Reports Second Quarter 2025 Results
Globenewswire· 2025-08-07 20:05
Revenue of $666 million in the Second Quarter, down 3% Year-over-YearPrivate Cloud Revenue was $250 million, down 4% Year-over-YearPublic Cloud Revenue was $417 million, down 2% Year-over-YearSecond Quarter 2025 Cash Flow From Operating Activities was $8 million; Cash Flow From Operating Activities was $127 million on a Trailing-Twelve-Month Basis SAN ANTONIO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announ ...
Rackspace Technology Launches Cloud Management Platform with New Capabilities for Hybrid Environments
Globenewswire· 2025-08-05 11:55
Next-gen upgrades empower organizations to streamline workload operations and optimize their entire cloud infrastructure from a single AI-enabled platformSAN ANTONIO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the launch of the Rackspace Cloud Management Platform, which includes next-gen upgrades to the Rackspace Managed Cloud (“RMC”) offering. The platform provides customers with a single robust framewor ...
Rackspace Technology to Announce Second Quarter 2025 Earnings on August 7, 2025
Globenewswire· 2025-07-18 12:00
Core Viewpoint - Rackspace Technology will release its second quarter 2025 financial results on August 7, 2025, after market close, with a conference call scheduled for the same day to discuss the results [1]. Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be announced after market close on August 7, 2025 [1]. - Amar Maletira, the CEO, and Mark Marino, the CFO, will host a conference call at 5:00 PM ET on the release day to discuss the financial results [1]. Group 2: Accessing the Conference Call - Interested parties can access the live webcast or replay through the company's Investor Relations website [2]. - Pre-registration is required to obtain a dial-in number, and registrants will receive a PIN for accessing the live call [2]. Group 3: Company Overview - Rackspace Technology is recognized as a leading end-to-end hybrid cloud and AI solutions provider [3]. - The company offers services to design, build, and operate cloud environments across all major technology platforms, regardless of the technology stack or deployment model [3]. - Rackspace Technology partners with customers throughout their cloud journey, assisting in application modernization, new product development, and the adoption of innovative technologies [3].
Rackspace Technology Announces MCP Accelerator by FAIR and Agentic AI Accelerators on AWS Bedrock, Enabling Enterprise Intelligence at Scale
Globenewswire· 2025-07-17 12:00
Core Insights - Rackspace Technology has launched the Foundry for AI by Rackspace (FAIR) Model Context Protocol (MCP) Enterprise Accelerator on the AWS Marketplace, enhancing access to AI-driven solutions for customers [1][3] - The FAIR MCP Enterprise Accelerator on Amazon Bedrock enables organizations to scale deployments with enterprise-grade infrastructure, achieving over 70% reduction in legacy application integration for AI agents [2][3] Company Overview - Rackspace Technology is recognized as a leading end-to-end hybrid cloud and AI solutions provider, capable of designing, building, and operating cloud environments across various technology platforms [5] - The FAIR initiative focuses on advancing business transformation and improving customer experience through the responsible use of AI technologies, identifying over 500 use cases across multiple industries [6] Product Features - The MCP Enterprise Accelerator offers pre-configured server templates, zero-trust architecture, end-to-end encryption, and seamless integration with Amazon Bedrock agents, facilitating rapid deployment and scaling of AI agents [3] - Advanced observability, monitoring, and compliance tools are included to ensure consistent performance and improved decision-making, leading to faster returns on AI investments [3] Market Impact - The availability of AI agents and tools in the AWS Marketplace streamlines the procurement process, reducing the time for vendor evaluations and negotiations, while maintaining visibility and control over licensing and payments [4]
Enterprises Enhance Privacy, Security and Control with Rackspace Technology’s OpenStack Business Private Cloud
Globenewswire· 2025-07-08 12:00
Core Insights - Rackspace Technology has launched Rackspace OpenStack Business, a dedicated private cloud solution designed for mission-critical and regulated workloads, emphasizing improved performance, enhanced security, and operational support without infrastructure management burdens [1][2][4] Group 1: Product Features - Rackspace OpenStack Business is built for scalability, offering a cost-effective cloud solution focused on privacy, security, and control, addressing the demand for dedicated, secure OpenStack infrastructure [2][5] - The solution supports a wide range of use cases, particularly for performance-sensitive applications and regulated industries requiring single-tenant environments for compliance [3][4] - Key benefits include rapid deployment, dedicated performance, cost efficiency, enterprise-level support, and freedom from vendor lock-in through open-source and full API access [6][7] Group 2: Strategic Positioning - The launch builds on the success of Rackspace OpenStack Flex, introduced in 2024, which serves as a flexible private cloud alternative to hyperscalers, providing a stable foundation for steady-state workloads while enabling rapid scaling during peak demand [4][5] - The combination of Rackspace OpenStack Flex and OpenStack Business creates a powerful foundation for scalable hybrid cloud environments, addressing IT challenges such as cost control, data privacy, and performance consistency [5][6]