Rackspace Technology(RXT) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Rackspace Technology Reports First Quarter 2024 Results SAN ANTONIO, May 9, 2024 – Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its first quarter ended March 31, 2024. Amar Maletira, Chief Executive Officer, stated, "I'm pleased to announce that first quarter 2024 results exceeded the high-end of guidance for revenue, operating profit, and EPS. We continue to make steady progress on our turnaround, and ...