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
Rackspace lost less money than experts thought it would, and made more sales than expected. When a company does better than people predicted, it shows the business might be getting stronger even while losing money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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