Rackspace Technology Financials - Benzinga

Rackspace Technology Inc

RXTNASDAQ

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-0.23-6.8%

At close: Aug 27, 5:00 PM EST

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Rackspace Technology Financials

Rackspace Technology (RXT) financial statements — income, revenue, gross margin and key metrics.

Earnings & Guidance News

PRO
Reported earlier, Rackspace Technology Lowers FY2026 Adj EPS Guidance from $(0.20)-$(0.15) to $(0.30)-$(0.25) vs $(0.15) Est; Affirms FY2026 Sales Guidance of $2.450B-$2.550B vs $2.499B Est

Rackspace Technology (NASDAQ:RXT) lowers FY2026 Adj EPS guidance from $(0.20)-$(0.15) to $(0.30)-$(0.25) vs $(0.15) analyst estimate. Affirms FY2026 sales outlook from $2.450 billion-$2.550 billion to $2.450

Benzinga Newsdesk

PRO
Rackspace Tech Q2 Adj. EPS $(0.08) Beats $(0.09) Estimate, Sales $670.100M Beat $646.000M Estimate

Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.09) by 0 percent. This is a 33.33 percent decrease over losses of $(0.06) per share from the

Benzinga Newsdesk

Rackspace Technology Stock Tanks After Cutting 2026 Outlook

RXT shares plunge over 29%. Rackspace slashes 2026 revenue outlook to exit low-margin businesses and pivot toward high-margin enterprise AI.

Lekha Gupta

PRO
Rackspace Technology Lowers FY26 Revenue Guidance From $2.60B - $2.70B To $2.45B - $2.55B; Reports Q2 Preliminary Revenue Range $641M - $649M, Adjusted Loss Range $0.11 - $0.08/Share

Rackspace Technology® (NASDAQ:RXT), a global enterprise AI infrastructure and solutions provider, today announced a strategic and financial update on its transition to becoming the operator of the full enterprise AI

Benzinga Newsdesk

PRO
Rackspace Technology Affirms FY2026 Adj EPS Guidance of $(0.20)-$(0.15) vs $(0.09) Est; Affirms FY2026 Sales Guidance of $2.600B-$2.700B vs $2.640B Est

Rackspace Technology (NASDAQ:RXT) affirms FY2026 Adj EPS guidance from $(0.20)-$(0.15) to $(0.20)-$(0.15) vs $(0.09) analyst estimate. Affirms FY2026 sales outlook from $2.600 billion-$2.700 billion to $2.600

Benzinga Newsdesk

PRO
Rackspace Tech Q1 Adj. EPS $(0.06) Misses $(0.04) Estimate, Sales $678.100M Beat $660.830M Estimate

Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.04) by 50 percent. This is unchanged from the same period last year. The company reported

Benzinga Newsdesk