Rackspace Technology (RXT) posted Q4 revenue of $683M, beating estimates. Losses narrowed to $0.01 per share versus an expected $0.04 loss. Rackspace guided 2026 operating profit up 31%. The company ...
Fri, February 27, 2026 at 5:22 PM UTC Rackspace Technology (NASDAQ:RXT) just reported its fourth-quarter results, showcasing signs of business improvement amid a challenging market. Revenue stabilized ...
Rackspace Technology, Inc. (NASDAQ: RXT) shares are down during Friday’s premarket session as the company reported below consensus fiscal 2026 guidance and fourth quarter results on Thursday. The ...
On the heels of announcing a partnership with Palantir Technologies Inc., Rackspace Technology Inc. reported that it slashed its annual net loss by nearly 75% and outlined a new strategy focused on ...
FY25 results from Rackspace reflect what the firm describes as "disciplined cost management and improved operating execution". As a result, it exceeded guidance across "most" metrics. Revenue for FY25 ...
CEO Gajen Kandiah emphasized a sharpened strategy in response to the market's shift towards AI at scale within enterprise systems, stating "Organizations now expect AI to deliver returns on their ...
Good day, and thank you for standing by. Welcome to the Rackspace Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I ...
SAN ANTONIO (AP) — SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Thursday reported a loss of $32.7 million in its fourth quarter. On a per-share basis, the San Antonio-based company said it ...
Rackspace Technology reported its Q4 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of -$0.01 against a forecast of -$0.04, resulting in a 75% positive surprise. The ...
Fourth Quarter Revenue of $683 million, down 0.4% Year-over-Year; 2025 Revenue of $2,686 million, down 2% Year-over-Year Fourth Quarter Private Cloud Revenue of $241 million, down 10% Year-over-Year; ...
Earlier in February 2026, Rackspace Technology announced a partnership with Palantir Technologies under which Rackspace will host, deploy, and manage Palantir’s Foundry and Artificial Intelligence ...