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Rackspace: Q2 Earnings Snapshot
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SAN ANTONIO (AP) — SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Monday reported a loss of $67.5 million in its second quarter.

The San Antonio-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share.

The company posted revenue of $670.1 million in the period.

Rackspace expects full-year results to range from a loss of 30 cents per share to a loss of 25 cents per share, with revenue in the range of $2.45 billion to $2.55 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RXT at https://www.zacks.com/ap/RXT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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