Pledge highlights Rackspace dedication to supporting those who serve or have served in the Armed Forces, and their familiesLONDON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid, multicloud and AI technology solutions, is proud to announce its formal commitment to the UK Armed Forces by signing the Armed Forces Covenant. This pledge highlights Rackspace Technology’s dedication to supporting those who serve or have served in the Armed Forces, an ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

SAN ANTONIO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced the launch of Rackspace Technology Adaptive Cloud Manager, a proprietary solution built by leveraging Microsoft Azure Arc technology with Rackspace services automation to onboard customers to hybrid cloud architectures with Microsoft Azure.    By integrating hybrid cloud information into a centralized dashboard, Rackspace Adaptive Cloud Manager ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Robust design and migration demonstrate Rackspace’s Epic subject matter expertise, private cloud leadership, and innovation SAN ANTONIO, Tx., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced the deployment of an Epic Electronic Health Record (EHR) system for AdventHealth on Rackspace’s Healthcare Cloud platform. This implementation is one of the largest Epic deployments for a US health system, scaling to ...

LONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced it is partnering with JBi Digital, a top-tier digital transformation agency to deepen the agency’s commitment to the UK government services sector. Leveraging Rackspace Sovereign Government Cloud, JBi Digital is poised to address the unique security and compliance demands of UK government clients while expanding its footprint in the sector. Founded ...

Rackspace (RXT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.08, delivering a surprise of 27.27%.Over the last four quarters, the company has surpassed consensu ...

Rackspace Technology, Inc. (NASDAQ:RXT) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Sagar Hebbar - Head of Investor Relations Amar Maletira - President, Chief Executive Officer & Director Mark Marino - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Operator Good day, and thank you for standing by. Welcome to the Rackspace Third Quarter 2024 Earnings Webcast. At this time, all participants are in listen-only mode. Aft ...

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 September 30, 2024. 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) Delaware 81-3369925 ...

Rackspace Technology Q3 2024 Earnings Presentation November 12, 2024 2 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 Litigati ...