10-Q - Rackspace Technology, Inc. (0001810019) (Filer)

8-K - Rackspace Technology, Inc. (0001810019) (Filer)

S-8 - Rackspace Technology, Inc. (0001810019) (Filer)

10-Q - Rackspace Technology, Inc. (0001810019) (Filer)

8-K - Rackspace Technology, Inc. (0001810019) (Filer)

8-K - Rackspace Technology, Inc. (0001810019) (Filer)

10-Q - Rackspace Technology, Inc. (0001810019) (Filer)

NT 10-Q - Rackspace Technology, Inc. (0001810019) (Filer)

8-K - Rackspace Technology, Inc. (0001810019) (Filer)

ARS - Rackspace Technology, Inc. (0001810019) (Filer)

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4 - Rackspace Technology, Inc. (0001810019) (Issuer)

4 - Rackspace Technology, Inc. (0001810019) (Issuer)

4 - Rackspace Technology, Inc. (0001810019) (Issuer)

4 - Rackspace Technology, Inc. (0001810019) (Issuer)

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4 - Rackspace Technology, Inc. (0001810019) (Issuer)

4 - Rackspace Technology, Inc. (0001810019) (Issuer)

SAN ANTONIO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, today announced the launch of Rackspace Technology Adaptive Cloud Manager, a proprietary solution built by leveraging Microsoft Azure Arc technology with Rackspace services automation to onboard customers to hybrid cloud architectures with Microsoft Azure.    By integrating hybrid cloud information into a centralized dashboard, Rackspace Adaptive Cloud Manager improves observability, licensing efficiency, and security monitoring across workloads in both private and public cloud environments while making it easier to onboard customers into hyb

Robust design and migration demonstrate Rackspace's Epic subject matter expertise, private cloud leadership, and innovation SAN ANTONIO, Tx., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, today announced the deployment of an Epic Electronic Health Record (EHR) system for AdventHealth on Rackspace's Healthcare Cloud platform. This implementation is one of the largest Epic deployments for a US health system, scaling to over 38,000 concurrent users. Rackspace Technology is fully hosting and managing the Epic environment as well as nine other strategic applications in the AdventHealth IT portfolio. "We

Revenue of $676 million in the Third Quarter, down 8% Year-over-YearPrivate Cloud Revenue was $258 million, down 14% Year-over-YearPublic Cloud Revenue was $418 million, down 3% Year-over-YearThird Quarter 2024 Cash Flow From Operating Activities was $52 million SAN ANTONIO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ:RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its third quarter ended September 30, 2024. Amar Maletira, Chief Executive Officer, stated, "Our third-quarter results exceeded the midpoint of our guidance for revenue, operating profit, and EPS. Bookings grew double digits with Public Cloud postin

SAN ANTONIO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, announced today that it will work with Amazon Web Services (AWS), an Amazon.com, Inc. company, as part of the company's new Generative AI Partner Innovation Alliance. The Generative AI Partner Innovation Alliance will help scale and expand the reach of the AWS Generative AI Innovation Center (GenAIIC) - a program that helps AWS customers successfully build and deploy generative AI solutions. Initially launched in June 2023, the AWS GenAIIC connects customers with AWS AI/ML scientists and strategy experts, and help companies envision, identify

SAN ANTONIO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, today announced the expansion of Rackspace Spot with a new geographic location and an on-demand GPU-as-a-Service powered by NVIDIA accelerated computing. The expansion comes as the demand for compute power is expected to continue to grow at a rapid pace. According to IDC, AI datacenter capacity is "projected to have a compound annual growth rate (CAGR) of 40.5% through 2027."[1] Rackspace Spot addresses that demand as a premier platform for computation-intensive applications like artificial intelligence, machine learning, and data analytics by

SAN ANTONIO, Oct. 30, 2024 (GLOBE NEWSWIRE) --  Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, announced today that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS), with plans to offer end-to-end cloud advisory, fin-ops, migration, modernization, cloud data, machine learning (ML) and generative AI solutions to accelerate customer value across their cloud adoption journey. The SCA includes a significant investment to help customers accelerate their migration and modernization initiatives for applications, data, and cloud infrastructure through the global expansion of the Rackspace Technology Migra

SAN ANTONIO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, announced today that it has achieved the Amazon Web Services (AWS) Small and Medium Business (SMB) Competency. This specialization recognizes Rackspace Technology as an AWS Partner with a unique focus on SMB customers. Achieving the AWS SMB Competency differentiates Rackspace Technology as an AWS Partner with demonstrated proficiency and proven customer success, helping SMBs solve their business and technical problems. Rackspace Technology is equipped to handle these challenges with solutions designed with their customers' unique needs in

SAN ANTONIO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT)— a leading hybrid, multicloud, and AI solutions company, today announced that it will release its third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (November 12, 2024) at 5:00 PM ET to discuss the Company's financial results. Interested parties may access the conference call as follows: To listen to the live webcast or access the replay following the webcast, please visit our IR website at the following link: https://ir.rackspace

SAN ANTONIO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, multicloud, AI technology solutions company, today announced it has been named as a leader in four quadrants: Professional Services, Managed Services, Data Analytics, AI and ML, and SAP Workloads in the 2024 ISG Provider Lens™ AWS Ecosystem Partners Report for the US due to its numerous AWS competencies, partner programs and the extensive AWS certifications. "As companies are transitioning to AWS, they need a trusted partner to assist and optimize their cloud environments," said D K Sinha, President Public Cloud, Rackspace Technology. "Our comprehensive AWS services emphasize our capab

SAN ANTONIO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI solutions company, today announced its enhanced commitment to the global OpenInfra Foundation by joining the OpenInfra Foundation Board of Directors and becoming an OpenStack community Platinum Member. This highest level of membership includes representation on the Board of Directors, the ability to influence the strategic direction of the OpenInfra Foundation community and the industry, access to open group forums and work groups, and the ability to fast-track standards. Rackspace Technology partnered with NASA in 2010 to launch OpenStack, an open-source cloud software

Basware partnered with Rackspace Technology to experiment with training code-generating language models using Amazon Bedrock and Amazon Web Services (AWS). This enabled Basware to innovate faster for its customers, accelerating time to value. This in turn can enable its customers to focus on their everyday business operations rather than the technology implementation.    

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener

Gainers Alpine 4 Holdings (NASDAQ:ALPP) stock rose 8.6% to $0.55 during Thursday's after-market session. The company's market cap stands at $14.9 million. Soluna Holdings (NASDAQ:SLNH) shares rose 7.87% to $6.3. The market value of their outstanding shares is at $24.7 million. UTime (NASDAQ:WTO) shares rose 5.93% to $0.56. The company's market cap stands at $217.6 million. ClearOne (NASDAQ:CLRO) stock increased by 5.18% to $0.71. The market value of their outstanding shares is at $17.0 million. MariaDB (NYSE:MRDB) shares increased by 4.92% to $0.54. The market value of their outstanding shares is at $36.9 million. DatChat (NASDAQ:DATS) stock moved upwards by 4.83% to $1.3. The market v

Gainers Duos Technologies Group (NASDAQ:DUOT) shares moved upwards by 5.3% to $2.95 during Monday's after-market session. The company's market cap stands at $22.2 million. DXC Technology (NYSE:DXC) stock increased by 4.06% to $19.2. The company's market cap stands at $3.4 billion. T Stamp (NASDAQ:IDAI) shares increased by 3.53% to $0.59. The market value of their outstanding shares is at $6.2 million. EMCORE (NASDAQ:EMKR) stock moved upwards by 3.43% to $0.87. The company's market cap stands at $7.1 million. Rackspace Tech (NASDAQ:RXT) stock moved upwards by 3.38% to $2.44. The market value of their outstanding shares is at $546.1 million. SMX (Security Matters) (NASDAQ:SMX) stock move

Gainers Braze (NASDAQ:BRZE) stock rose 15.0% to $42.31 during Friday's pre-market session. The market value of their outstanding shares is at $4.2 billion. As per the news, the Q1 earnings report came out yesterday. Presto Automation (NASDAQ:PRST) shares increased by 10.54% to $0.08. The company's market cap stands at $9.7 million. Sequans Communications (NYSE:SQNS) stock rose 9.32% to $0.7. The market value of their outstanding shares is at $43.3 million. Ascent Solar Technologies (NASDAQ:ASTI) shares rose 8.57% to $0.12. The market value of their outstanding shares is at $11.1 million. Rekor Systems (NASDAQ:REKR) stock increased by 7.49% to $1.72. The company's market cap stands at $1

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Wednesday. Shares of DLocal Limited (NASDAQ:DLO) fell sharply in today's pre-market trading after the company reported weaker-than-expected first-quarter earnings and said there is a greater likelihood of coming in towards the lower end of its guidance range. DLocal posted GAAP earnings of 6 cents per share, compared to market estimates of 12 cents per share. The company's sales came in at $184.00 million missing expectations of $189.98 million, according to data from Benzinga Pro. DLocal shares dipped 26.6% to $9.97 in pre-market trading. Here are some big stocks recording loss

As of May 13, 2024, five stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.   Here's the latest list of major overbought players in this sector. Rackspace Technology, Inc. (NASDAQ:RXT) On May 9, Rackspace Tech posted upbeat qu

Gainers Akoustis Technologies (NASDAQ:AKTS) shares moved upwards by 10.9% to $0.63 during Friday's after-market session. The company's market cap stands at $62.1 million. Ascent Solar Technologies (NASDAQ:ASTI) stock increased by 4.83% to $0.1. The market value of their outstanding shares is at $2.1 million. CISO Global (NASDAQ:CISO) stock moved upwards by 4.12% to $0.91. The company's market cap stands at $11.0 million. Cyngn (NASDAQ:CYN) shares rose 3.83% to $0.08. The company's market cap stands at $8.5 million. The company's, Q1 earnings came out 2 days ago. Rackspace Tech (NASDAQ:RXT) shares moved upwards by 3.55% to $2.04. The company's market cap stands at $456.1 million. The com

Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.13) by 15.38 percent. The company reported quarterly sales of $691.000 million which beat the analyst consensus estimate of $684.252 million by 0.99 percent. This is a 8.92 percent decrease over sales of $758.700 million the same period last year.

UBS initiated coverage of Rackspace Technology with a rating of Neutral and set a new price target of $1.40

Raymond James upgraded Rackspace Technology from Mkt Perform to Outperform and set a new price target of $3.50

Citigroup downgraded Rackspace Technology from Neutral to Sell and set a new price target of $1.50 from $1.25 previously

Evercore ISI downgraded Rackspace Technology from Outperform to In-line and set a new price target of $5.00 from $9.00 previously

JP Morgan downgraded Rackspace Technology from Neutral to Underweight and set a new price target of $5.00 from $7.00 previously

RBC Capital Mkts downgraded Rackspace Technology from Outperform to Sector Perform and set a new price target of $7.00 from $9.00 previously

William Blair downgraded Rackspace Technology from Outperform to Mkt Perform

Raymond James downgraded Rackspace Technology from Outperform to Mkt Perform

Barclays downgraded Rackspace Technology from Equal Weight to Underweight and set a new price target of $5.00

Raymond James upgraded Rackspace Technology from Mkt Perform to Outperform and set a new price target of $12.00

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SAN ANTONIO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid, multicloud technology solutions company, today announced the appointment of Mark Gross to its Board of Directors. Gross is an experienced and dynamic leader with over 25 years of broad-based experience, financial expertise, and deep insight into leading business transformations. Gross succeeds Thomas Cole, who unexpectedly passed away over the recent holiday season. "We were fortunate to find Mark, a seasoned executive with financial expertise and broad business experience to complement our current Board. We look forward to his guidance, helping to further solidify our market po

SAN ANTONIO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, hybrid multicloud technology solutions company, today announced the appointment of Mark Marino as Chief Financial Officer (CFO), effective immediately. Marino previously served as the Company's Chief Accounting Officer and succeeds Naushaza "Bobby" Molu. Molu resigned his position to pursue a new opportunity in the UK, where he resides. He will remain with Rackspace Technology in an advisory role through late February to ensure a seamless transition. "I am delighted to welcome Mark as our CFO," said Amar Maletira, Chief Executive Officer. "Having worked with Mark since I joined Rackspa

TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware's Board of Directors. Mr. Pinchev will serve as a member of the Board until the company's next annual meeting of shareholders when his appointment will be up to a shareholder vote. "Mr. Pinchev brings a wealth of experience to Radware's board," said Yuval Cohen, chairman of Radware's Board of Directors. "His proven track record in managing successful global businesses brings a valuable perspective to Radware's strategy as we remain focused

SAN ANTONIO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Thomas Cole to the Board of Directors. Cole is an experienced finance executive with an illustrious 37-year career on Wall Street. "Tom brings a wealth of executive leadership and financial expertise to the Rackspace Board, making him a valuable addition," said Amar Maletira, Chief Executive Officer Rackspace Technology. "Tom's addition to our board will help further solidify our market position as the leading multicloud solutions company." With extensive experience in investment banking, Cole spent 11 years at

SAN ANTONIO, May 09, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Betsy Atkins and Tony Scott to its board of directors, effective June 16, 2023. Dhiren Fonseca, who has served on the board since 2016, will step down to focus on other commitments also effective June 16, 2023. "Betsy is a well-recognized expert on corporate governance with a wealth of executive leadership experience across a range of global companies and industries," said Amar Maletira, CEO, Rackspace Technology. Maletira added, "Tony's executive leadership and esteemed industry reputation as a CIO for mega-cap

SAN ANTONIO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Anthony Roberts to its board of directors, effective as of January 30, 2023. Roberts is filling the board seat recently vacated by Tim Campos who stepped down due to his increase of time commitments related to his new role as Chief Information Officer at Apple. "I am thrilled to welcome Anthony to our Board of Directors. His extensive experience as a senior technology executive and board director, will be a tremendous asset as we further solidify our market position as the leading pureplay multicloud solutions c

SAN ANTONIO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT) — a leading end-to-end, multicloud technology solutions company, today announced the appointment of Brian Lillie as President of Private Cloud business unit, effective January 23, 2023. Lillie's appointment completes the company's realignment as it begins executing its two-business unit operating model. Late last year, Rackspace tapped D K Sinha to lead its Public Cloud business unit. "I am thrilled to welcome Brian to Rackspace Technology," said Amar Maletira, CEO of Rackspace Technology. "Brian's thirty years of vast technology experience and proven track record coupled with his strategic thinking and exec

SAN ANTONIO, Nov. 17, 2022 (GLOBE NEWSWIRE) --  Rackspace Technology® (NASDAQ:RXT) — a leading end-to-end, multicloud technology solutions company, today announced the appointment of Bobby Molu as Chief Financial Officer, effective January 16, 2023. Molu is filling the Rackspace Technology CFO role following the appointment of Amar Maletira to Chief Executive Officer in September 2022. "As we continue the transformation of Rackspace Technology, I am thrilled to welcome Bobby to the company. He is a seasoned finance executive with a solid track record of success," said Amar Maletira, CEO, of Rackspace Technology. "Bobby's global experience and a career spanning two decades in numerous fina

SAN ANTONIO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Shashank Samant as the Lead Director of its Board of Directors, effective as of November 9, 2022.  Mr. Samant has substantial global technology services industry experience, with particular expertise in the software and digital products verticals. He has served on the Rackspace Technology board since October 19, 2021. "Shashank and I have known each other for many years. Over the past year, we have worked closely together on Rackspace Technology's strategy and operating model. I am pleased that I can no