RXT beat EPS expectations by 26.65%
May 09, 2025, 10:36 AM
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What does RXT do
Rackspace Technology, headquartered in San Antonio, Texas, offers end-to-end multi-cloud services with 5,800 employees and operates through Public and Private Cloud segments since its IPO on August 5, 2020. Its Public Cloud segment focuses on managed services across major platforms, while the Private Cloud segment provides managed offerings for customer-hosted environments.
Rackspace Technology (RXT) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Rackspace Technology's actual EPS was -$0.06, beating the estimate of -$0.08 per share, resulting in a 26.65% surprise.
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