CLSA Downgrades Rackspace (RAX) to Underperform

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Rackspace Reports Second Quarter Results

August 10, 2015 4:01 PM UTC

SAN ANTONIO, TX -- (Marketwired) -- 08/10/15 --

Revenue Grew 11 Percent Compared to the Second Quarter of 2014Adjusted EBITDA Grew 14.2 Percent Compared to the Second Quarter of 2014Net Income Grew 29.8 Percent Compared to the Second Quarter of 2014EPS on a fully diluted basis was 20 cents in the Second Quarter of 2015Share buyback authorized for up to $1 billion, with... More