Exhibit 99.1 Rackspace Technology Reports Third Quarter 2024 Results • Revenue of $676 million in the Third Quarter, down 8% Year-over-Year • Private Cloud Revenue was $258 million, down 14% Year-over-Year • Public Cloud Revenue was $418 million, down 3% Year-over-Year • Third Quarter 2024 Cash Flow From Operating Activities was $52 million SAN ANTONIO, November 12, 2024 – Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results fo ...

Revenue of $676 million in the Third Quarter, down 8% Year-over-YearPrivate Cloud Revenue was $258 million, down 14% Year-over-YearPublic Cloud Revenue was $418 million, down 3% Year-over-YearThird Quarter 2024 Cash Flow From Operating Activities was $52 million SAN ANTONIO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its third quarter ended September 30, 2024. Amar Maletira, Chief ...

SAN ANTONIO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, announced today that it will work with Amazon Web Services (AWS), an Amazon.com, Inc. company, as part of the company’s new Generative AI Partner Innovation Alliance. The Generative AI Partner Innovation Alliance will help scale and expand the reach of the AWS Generative AI Innovation Center (GenAIIC) - a program that helps AWS customers successfully build and ...

SAN ANTONIO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading hybrid, multicloud, and AI solutions company, today announced that it will release its third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (November 12, 2024) at 5:00 PM ET to discuss the Company’s financial results. Interested parties may ac ...

SAN ANTONIO, Texas, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced the launch of Rackspace Rapid Migration Offer (RRMO) designed to expedite data center migrations to Amazon Web Services (AWS). The Rackspace Rapid Migration Offer (RRMO) provides everything an organization needs to accelerate its move to the cloud. RRMO provides a comprehensive suite of services encompassing migration planning, landing ...

SAN ANTONIO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced it is working with TrueData, the leader in providing first-party data for advertisers, publishers, and AdTech firms, to achieve cloud and data storage cost savings that can be invested in innovative new services for its clients. Founded in 2013, TrueData is a leader in independent omnichannel identity resolution. The company connects individu ...

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, 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 (Sta ...

Rackspace (RXT) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.11, delivering a surprise of 15.38%. Over the last four quarters, the company has surpassed con ...

Exhibit 99.1 Rackspace Technology Reports Second Quarter 2024 Results • Revenue of $685 million in the Second Quarter, down 8% Year-over-Year • Private Cloud Revenue was $260 million, down 17% Year-over-Year • Public Cloud Revenue was $425 million, down 2% Year-over-Year • Second Quarter 2024 Cash Flow From Operating Activities was $24 million; Cash Flow From Operating Activities was $273 million on a Trailing-Twelve-Month Basis SAN ANTONIO, August 8, 2024 – Rackspace Technology, Inc. (Nasdaq: RXT), a leadi ...

Revenue of $685 million in the Second Quarter, down 8% Year-over-Year Private Cloud Revenue was $260 million, down 17% Year-over-Year Public Cloud Revenue was $425 million, down 2% Year-over-Year Second Quarter 2024 Cash Flow From Operating Activities was $24 million; Cash Flow From Operating Activities was $273 million on a Trailing-Twelve-Month Basis Q3 2024 Guidance Total Revenue $668 - $680 million Private Cloud Revenue $255 - $262 million Public Cloud Revenue $414 - $419 million Non-GAAP Operating Prof ...