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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 22:00
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 ...
Rackspace Technology(RXT) - 2025 Q1 - Quarterly Results
2025-05-08 20:18
Exhibit 99.1 Rackspace Technology Reports First Quarter 2025 Results SAN ANTONIO, May 8, 2025 – Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its first quarter ended March 31, 2025. Amar Maletira, Chief Executive Officer, stated, "Results in the first quarter of 2025 exceeded our expectations across all key metrics. Revenue was at the high end of our guidance while profit and EPS exceeded our guidance range. This marks the ...
Rackspace Technology Reports First Quarter 2025 Results
GlobeNewswire· 2025-05-08 20:15
Revenue of $665 million in the First Quarter, down 4% Year-over-YearPrivate Cloud Revenue was $250 million, down 7% Year-over-YearPublic Cloud Revenue was $416 million, down 2% Year-over-YearFirst Quarter 2025 Cash Flow From Operating Activities was $13 million; Cash Flow From Operating Activities was $143 million on a Trailing-Twelve-Month Basis SAN ANTONIO, May 08, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announce ...
Enterprises to Redefine Cyber Resilience with Rackspace and Rubrik
GlobeNewswire· 2025-04-30 12:00
Rackspace Cyber Recovery Cloud powered by Rubrik Enables Organizations to Restore Critical Operations Faster and More Securely than Traditional Offerings in the Event of a Cyber AttackSAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) -- LIVE! from RSAC, Rubrik (NYSE: RBRK), a leading cybersecurity company, and Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced a strategic partnership. The two companies will collaborate to deliver a fully managed iso ...
Rackspace Technology to Announce First Quarter 2025 Earnings on May 8, 2025
GlobeNewswire· 2025-04-15 20:30
SAN ANTONIO, April 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 8, 2025) at 5:00 PM ET to discuss the Company’s financial results. Interested parties may access t ...
Rackspace Technology Launches OpenStack Flex Delivering Simple, Secure, Enterprise-grade On-demand Cloud Services
GlobeNewswire· 2025-04-10 15:05
New multi-tenant infrastructure-as-a-service empowers organizations to modernize with high-performance, license-free cloud service that alleviates vendor lock-in concernsSAN ANTONIO, April 10, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid and AI solutions company, today announced the launch of Rackspace OpenStack Flex, an Enterprise-ready, on-demand, shared cloud service providing secure and open Infrastructure-as-a-Service (IaaS). Rackspace OpenStack Flex service ...