Cowen Reiterates Outperform on Rackspace (RAX) Following 3Q Revenue Beat
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Rackspace Reports Third Quarter Results
November 9, 2015 4:06 PM ESTSAN ANTONIO, TX -- (Marketwired) -- 11/09/15 --
Revenue Grew 10.7 Percent Compared to the Third Quarter of 2014Adjusted EBITDA Grew 11.9 Percent Compared to the Third Quarter of 2014Net Income Grew 42.0 Percent Compared to the Third Quarter of 2014EPS on a fully diluted basis was 26 cents in the Third Quarter of 2015Rackspace Announces Proposed $350 Million Offering of Senior Notes
November 9, 2015 4:06 PM ESTSAN ANTONIO, TX -- (Marketwired) -- 11/09/15 -- Rackspace® Hosting, Inc. ("Rackspace") (NYSE: RAX) today announced that it intends to offer, subject to market and other considerations, $350 million aggregate principal amount of senior notes due 2024 (the "Notes") through an offering to qualified institutional buyers pursuant to Rule 144A... More
