RXT Stock Recent News

SAN ANTONIO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that on September 4, 2025, the Company granted inducement equity awards to Gajen Kandiah in connection with his appointment as the Company's new Chief Executive Officer.

SAN ANTONIO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that its Board of Directors has appointed Gajen Kandiah as Chief Executive Officer, effective September 3, 2025.

SAN ANTONIO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ®, a leading end-to-end hybrid cloud and AI solutions company, and SMPL-C, an AI-powered compliance automation platform, today announced their “Better Together” strategic partnership. The partnership will be delivered through Rackspace Technology Government Solutions, the company's specialized division focused on secure, CMMC-authorized cloud infrastructure and compliance services for federal, state and local agencies as well as the defense industry.

SAN ANTONIO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid cloud and AI solutions provider, today announced key AI-enabled enhancements to the Rackspace Cyber Defense Center (RCDC), a dedicated security operations center (SOC), to deliver around-the-clock threat detection, isolation, and remediation across public, private and hybrid cloud environments. Driving innovation within the RCDC is the Rackspace AI Security Engine (RAISE), which bridges critical skills and resource gaps by combining human expertise with machine-driven precision.

Rackspace Technology, Inc. (NASDAQ:RXT ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Amar Maletira - President, CEO & Director Mark A. Marino - Executive VP & CFO Sagar Hebbar - Head of Investor Relations Conference Call Participants Frank Garrett Louthan - Raymond James & Associates, Inc., Research Division Kevin Damien McVeigh - UBS Investment Bank, Research Division Operator Good day, and thank you for standing by.

Rackspace (RXT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.08 per share a year ago.

Rackspace Technology (RXT 4.10%), a provider of cloud computing and managed hosting services, released its earnings for the second quarter of fiscal 2025 on August 7, 2025. The headline from the report was that GAAP revenue reached $666 million, exceeding analyst expectations of $659.4 million (GAAP).

Revenue of $666 million in the Second Quarter, down 3% Year-over-Year Private Cloud Revenue was $250 million, down 4% Year-over-Year Public Cloud Revenue was $417 million, down 2% Year-over-Year Second Quarter 2025 Cash Flow From Operating Activities was $8 million; Cash Flow From Operating Activities was $127 million on a Trailing-Twelve-Month Basis SAN ANTONIO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its second quarter ended June 30, 2025. Amar Maletira, Chief Executive Officer, stated, “I am pleased with our second quarter results.

SAN ANTONIO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the launch of the Rackspace Cloud Management Platform, which includes next-gen upgrades to the Rackspace Managed Cloud (“RMC”) offering. The platform provides customers with a single robust framework that leverages best-in-class AI-enabled tools, empowering organizations to streamline workload operations, accelerate digital transformation, and more efficiently manage modern hybrid and multicloud environments.

Framework sets new standard for helping customers meet their sustainability goals and Scope 3 reporting requirements Framework sets new standard for helping customers meet their sustainability goals and Scope 3 reporting requirements