Published on 14 Mar 2024 on Benzinga
Rackspace Technology, Inc. RXT reported upbeat fourth-quarter results, but issued first-quarter guidance below estimates. The company announced refinancing transactions.
Rackspace Tech posted adjusted loss of 3 cents per share, compared to market expectations for a loss of 4 cents per share. The company’s quarterly sales came in at $720.000 million versus estimates of $714.720 million, according to data from Benzinga Pro.