RXT Stock Recent News
RXT LATEST HEADLINES
Shares of Rackspace Inc. RXT, -1.59% were off 1.6% in Tuesday morning trading to build on sharp declines experienced during Monday's session, in the wake of a security incident that the cloud-computing company disclosed over the weekend. Rackspace offered an update in a Tuesday morning release, announcing that the issue affecting its Hosted Exchange environment came as the result of a ransomware incident.
Some of Microsoft's (NASDAQ: MSFT ) email users are probably not too pleased with what's happened this past weekend. On Dec. 2, Rackspace Technology (NASDAQ: RXT ) identified an issue affecting the company's Hosted Exchange environments.
The company delivered analyst-stumping Q3 results and tapped a new lead director with proven experience in setting up buyouts.
Rackspace Technology, Inc. (NASDAQ:RXT ) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Robert Watson - Vice President, Corporate Finance Amar Maletira - Chief Executive Officer Conference Call Participants Kevin McVeigh - Credit Suisse Amit Daryanani - Evercore Tien-Tsin Huang - JPMorgan Operator Good afternoon and thank you for standing by. Welcome to Rackspace Technologies Third Quarter 2022 Earnings Conference Call.
SAN ANTONIO, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) today announced that it will release its third quarter 2022 financial results after the market closes on Wednesday, November 9, 2022. Amar Maletira, Chief Executive Officer, will also host a conference call on the day of the release (November 9, 2022) at 5:00 PM ET to discuss the Company's financial results.
Investors need to pay close attention to Rackspace Technology (RXT) stock based on the movements in the options market lately.
Rackspace Technology Inc. RXT, -1.78% on Monday named chief financial officer Amar Maletira as chief executive officer of the company, which is majority owned by Apollo Global Management Inc. APO, -3.71% . Kevin Jones, who has been in the role of CEO for three-and-a-half years, will become an operating advisor with Apollo.
The company appears to have wrapped up a strategic review and decided to go it alone, Wall Street has concluded. Two analysts cut their ratings.
Rackspace Technology, Inc. (NASDAQ:RXT ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Robert Watson - Vice President. Corporate Finance.
Rackspace (RXT) delivered earnings and revenue surprises of 6.25% and 1.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?