Rackspace Technology (RXT) Tops Q3 EPS by 1c; Offers Q4 Guidance
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Rackspace Technology Reports Third Quarter 2022 Results
November 9, 2022 4:10 PM ESTRevenue of $788 million in the Third Quarter, up 3% Year-over-YearCore Revenue Grew 5% to $751 millionQuarterly Cash Flow From Operating Activities of $71 million
SAN ANTONIO, Nov. 09, 2022 (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, 2022.
Amar Maletira, chief executive officer, stated, We delivered third quarter revenue and profit above our guidance and reported solid cash flow. We continue to make good progress on the realignment to our two business unit model and remain on track to... More
