RXT missed EPS expectations by 12.15%
Aug 08, 2025, 10:35 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 negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Rackspace Technology's actual EPS was -$0.06, missing the estimate of -$0.05 per share, resulting in a -12.15% surprise.
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