Rackspace Technology (RXT) Reports Q2 Loss of $0.20/sh, Offers Guidance

Rackspace Technology (NASDAQ: RXT) reported Q2 EPS of ($0.20), versus $0.38 reported last year. Revenue for the quarter came in at $657 million, versus $602.4 million reported last year.

GUIDANCE:

Rackspace Technology sees FY2020 EPS of $0.75-$0.81.

• Consolidated revenue growth, Year-over-Year in constant currency 9.0% - 10.0%
• Core Revenue growth, Year-over-Year in constant currency 12.5% - 13.5%
• Adjusted EBITDA $756 million - $760 million
• Adjusted Earnings Per Share $0.75 - $0.81

For earnings history and earnings-related data on Rackspace Technology (RXT) click here.

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