RXT Stock Recent News

SAN ANTONIO, May 21, 2025 (GLOBE NEWSWIRE) -- Rubrik (NYSE: RBRK), a leading cyber resilience company, and Rackspace Technology (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, have announced Rackspace Cyber Recovery Service – a new managed service for customers operating in public cloud. By combining Rubrik's orchestrated data protection and cyber recovery solutions with Rackspace's DevOps principles and managed services, enterprises can simplify and accelerate recovery from ransomware attacks.

After its sustained decline, Rackspace Technology is now a penny stock, not far from the one-dollar-per-share threshold. This penny stock faces fierce competition from much bigger rivals, while its financial position does not allow for major investment. In these circumstances, the shift towards higher-margin solutions makes sense.

Rackspace Technology, Inc. (NASDAQ:RXT ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Sagar Hebbar - Head of IR Amar Maletira - CEO Mark Marino - CFO Conference Call Participants Irwin Liu - Evercore Operator Good day, and thank you for standing by. Welcome to the Rackspace First Quarter 2025 Earnings Webcast.

Rackspace (RXT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.11 per share a year ago.

SAN ANTONIO, May 08, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its first quarter ended March 31, 2025.

SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) -- LIVE! from RSAC, Rubrik (NYSE: RBRK), a leading cybersecurity company, and Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced a strategic partnership.

SAN ANTONIO, April 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 8, 2025) at 5:00 PM ET to discuss the Company's financial results.

Rackspace receives award for supporting those who serve or have served in the Armed Forces and their families Rackspace receives award for supporting those who serve or have served in the Armed Forces and their families

Fully managed private AI solution combines cutting-edge AI capabilities with enterprise-grade security and privacy protections Fully managed private AI solution combines cutting-edge AI capabilities with enterprise-grade security and privacy protections

Domino's uses hybrid cloud to expand its store network, scale operations during peak demand, and deliver a majority of its orders through digital channels Domino's uses hybrid cloud to expand its store network, scale operations during peak demand, and deliver a majority of its orders through digital channels