Rackspace Technology Reports First Quarter 2024 Results
May 09, 2024 16:15 ET
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Rackspace Technology, Inc.
Revenue of $691 million in the First Quarter, down 9% Year-over-YearPrivate Cloud Revenue was $268 million, down 15% Year-over-YearPublic Cloud Revenue was $422 million, down 5% Year-over-YearFirst...
Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
April 12, 2024 19:09 ET
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Rackspace Technology, Inc.
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company,...
Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
March 29, 2024 17:11 ET
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Rackspace Technology, Inc.
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company,...
Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
March 28, 2024 18:44 ET
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Rackspace Technology, Inc.
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company,...
Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services
March 27, 2024 04:00 ET
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Rackspace Technology, Inc.
LONDON, March 27, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud and AI technology solutions company, has announced the launch of Rackspace UK...
AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research
March 26, 2024 09:05 ET
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Rackspace Technology, Inc.
SAN ANTONIO, March 26, 2024 (GLOBE NEWSWIRE) -- New Foundry for AI by Rackspace (FAIR™) 2024 AI Research Report sponsored by AWS and commissioned by Rackspace Technology® (NASDAQ: RXT), a leading...
Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes Clusters
March 19, 2024 11:05 ET
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Rackspace Technology, Inc.
SAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT,...
Rackspace Technology Announces Launch of Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
March 14, 2024 16:15 ET
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Rackspace Technology, Inc.
SAN ANTONIO, March 14, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company,...
Rackspace Technology Reports Fourth Quarter and Full Year 2023 Results
March 12, 2024 16:15 ET
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Rackspace Technology, Inc.
Fourth Quarter Revenue of $720 million, down 9% Year-over-Year; 2023 Revenue of $2,957 million, down 5% Year-over-YearFourth Quarter Private Cloud Revenue of $285 million, down 14% Year-over-Year;...
Rackspace Technology Announces Refinancing Transactions, Significantly Reducing Debt and Securing New Money Investment
March 12, 2024 16:15 ET
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Rackspace Technology, Inc.
Company to Receive $275 Million of New Money to Advance Key Strategic Initiatives Company to Launch Public Exchange Offer to All Existing Term Loan Lenders and Secured Note Holders SAN ANTONIO,...