Rackspace Technology Inc

NASDAQ:RXT   3:59:55 PM EDT
17.75
-0.45 (-2.47%)
Positive Earnings Pre-Announcement

Rackspace Technology To Make $65-$70 Million Investment In Growth Businesses Increases Financial Guidance For The Second Quarter Of 2021

Published: 07/22/2021 13:40 GMT
Rackspace Technology Inc (RXT) - Rackspace Technology to Make $65-$70 Million Investment in Growth Businesses; Increases Financial Guidance for the Second Quarter of 2021.
Sees Q2 Non-GAAP Earnings per Share $0.22 to $0.24.
Sees Q2 GAAP Loss per Share $0.14 to $0.24.
Sees Q2 Revenue $741 Million to $744 Million.
Expects Q2 Bookings to Be Approximately $258 Million.
Q2 Earnings per Share View $0.22, Revenue View $740.7 Million -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $740.98 Million
Adjusted EPS is expected to be $0.22

Next Quarter Revenue Guidance is expected to be $763.23 Million
Next Quarter EPS Guidance is expected to be $0.23

More details on our Analysts Page.