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Rackspace Study Reveals AI Leaders Are Scaling Agents at 3x the Rate of Their Peers
Globenewswire· 2025-06-12 12:00
New research indicates that early adopters with integrated AI strategies are outperforming their peers in terms of productivity, innovation, and business impactSAN ANTONIO, TX, June 12, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading hybrid cloud and AI solutions company, today released a global report, The AI Acceleration Gap: Why Some Enterprises are Surging Ahead, revealing a widening divide between organizations leading in AI adoption and those still formulating their strategy. Am ...
Rackspace Technology Recognized by Dell Technologies with Two Regional Global Alliances Partner of the Year Awards for 2025
Globenewswire· 2025-05-28 12:00
Honors highlight innovation leadership in EMEA and marketing excellence in the Americas, reflecting Rackspace's customer-first approach and global capabilities For more than 20 years, Rackspace Technology and Dell Technologies have driven transformation across industries by combining advanced infrastructure with consulting-led services. From AI-driven workloads to enterprise modernization, the alliance continues to evolve to meet the needs of today's hybrid cloud world. About Rackspace Technology Rackspace ...
Rackspace: Shifting To Higher-Margin Cloud, Amid Risks (Rating Downgrade)
Seeking Alpha· 2025-05-19 04:08
Core Insights - The analyst emphasizes a tech-focused approach to investment research, leveraging 25 years of experience in IT and investment to provide unique insights [1] - The research methodology includes analytics and charts to support investment positions, with a focus on capital preservation strategies [1] - The analyst has a diverse background, including roles in virtualization, cloud, and telecommunications, which informs their investment themes [1] Industry Focus - Key themes of interest include automated supply chains, Generative AI, telecommunications capital expenditures (Capex), the deflationary nature of software, and semiconductors [1] - The analyst also covers biotech with a "techbio" perspective, indicating a blend of technology and biotechnology insights [1] Investment Philosophy - The investment journey began with mutual and indexed funds, transitioning to individual stocks, highlighting a learning curve from past investment losses during the 2008/2009 financial crisis [1] - The analyst values unique perspectives from platforms like Seeking Alpha, which provide access to top analysts and diverse investment opinions [1]
Rackspace Technology Successfully Migrates Housing Authority of the City of Austin to Microsoft Azure and Microsoft 365, Significantly Improving Operational Resiliency, Business Continuity and Strengthening Security
Globenewswire· 2025-05-15 13:15
Core Insights - Rackspace Technology successfully migrated the Housing Authority of the City of Austin's (HACA) technology infrastructure to Microsoft Azure and Microsoft 365, enhancing operational resilience and security [1][4] - HACA, a public-sector entity, provides essential housing services to low-income families and prioritizes operational continuity and security [2][3] - The transition to a cloud-based environment was prompted by critical downtime during a severe winter storm, which exposed vulnerabilities in HACA's on-premises infrastructure [3][4] HACA's Operational Needs - HACA requires technology to be available 99.9% of the time to support its mission of providing housing to vulnerable citizens [4] - The organization has approximately 240 staff members and manages various housing assistance programs through digital platforms [2] Migration and Improvements - The migration involved the seamless transition of 373 users and over 3.7 TB of data to Microsoft 365, significantly improving HACA's operational agility [4] - The new cloud infrastructure has enhanced business continuity, disaster recovery capabilities, and cybersecurity posture [4][5] Future Readiness - HACA's modernized technology stack provides a flexible and secure foundation for adopting emerging technologies and complying with evolving government standards [5] - The new environment allows HACA to respond proactively to future technological demands and community needs [5]
Rackspace Technology(RXT) - 2025 Q1 - Quarterly Report
2025-05-12 20:06
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 March 31, 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. 19122 US Highway 281N, Suite 128 San Antonio, Texas 78258 (Address of principa ...
Rackspace Technology, Inc. (RXT) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-09 01:57
Rackspace Technology, Inc. (NASDAQ:RXT) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Sagar Hebbar - Head of IR Amar Maletira - CEO Mark Marino - CFO Conference Call Participants Irwin Liu - Evercore Operator Good day, and thank you for standing by. Welcome to the Rackspace First Quarter 2025 Earnings Webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] I would ...
Rackspace (RXT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-09 00:05
Rackspace (RXT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.02, delivering a surprise of 50%.Over the last four quarters, the company has surpassed consensus E ...
Rackspace Technology(RXT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Rackspace (RXT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Sagar Hebbar - VP - IR & Corporate FinanceAmar Maletira - CEO & DirectorMark Marino - Chief Financial OfficerIrvin Liu - Vice PresidentRyan Campbell - VP - Equity ResearchRobert Palmisano - Senior Equity Research Associate Operator Good day, and welcome to the Rackspace First Quarter twenty twenty five Earnings Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be ...
Rackspace Technology(RXT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Rackspace (RXT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, and welcome to the Rackspace First Quarter twenty twenty five Earnings Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Instructions will be given at that time. As a reminder, this call may be recorded. I would now like to turn the call over to Sagar Habar, Head of Investor Relations. Please go ahead. Speaker1 Thank you, and welcom ...
Rackspace Technology(RXT) - 2025 Q1 - Earnings Call Presentation
2025-05-08 21:01
Rackspace Technology Q1 2025 Earnings Presentation May 8, 2025 Disclaimer Amounts on subsequent pages may not add due to rounding. 2 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" wi ...