Rackspace Technology (RXT) Tops Q3 EPS by 1c, Updates FY Guidance
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Rackspace Technology Reports Third Quarter 2020 Results
November 10, 2020 4:02 PM ESTThird Quarter Revenue of $682 million, up 13% Year-over-YearRecord Quarterly Bookings of $315 million, an increase of 64% Year-over-YearNet loss of $101 million, or $(0.54) per diluted shareAdjusted EBITDA was $191 million and Adjusted EBITDA margin was 28%Adjusted Earnings Per Share of $0.19, up 36% Year-over-Year
SAN ANTONIO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its third quarter ended September 30, 2020.
Rackspace Technology Chief Executive Officer Kevin Jones commented, The third quarter represented continued strong execution and performance for Rackspace Technology... More
