What:Shares of Rackspace Holding jumped more than 12% Thursday after the managed cloud-computing specialist announced strong fourth-quarter 2015 results. So what:Quarterly revenue grew 2.7% ...
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...
Infotech Lead Asia: A study by Rackspace Hosting says 88 percent of cloud users -- in the U.S. and U.K. -- point to cost... Infotech Lead America: Rackspace Hosting announced enhanced support ...
San Antonio-based cloud computing company Rackspace Hosting Inc.’s second-quarter profit surged 27 percent, beating analysts’ expectations as the company appeared to gain traction in its shift from ...
Rackspace email hosting prices have risen sharply and volume discounts don't seem to be available.
As the cloud services company Rackspace Hosting's stock continues to trend lower, investors often get excited about the occasional pop that comes with merger and acquisition rumors. For the better ...
Co-founder of an open-source cloud platform called OpenStack and committed to "Fanatical Support", Rackspace delivers enterprise-level hosting services to businesses. The global PR and digital ...
For investors in Rackspace Hosting , the past couple of years have been painful, with the share price having lost two-thirds of its value between its early 2013 highs and its 2014 low point. Since ...
Rackspace Hosting produced big gains in third-quarter operating income and earnings per share despite posting its lowest year-over-year revenue growth in at least seven quarters. The company -- which ...
Commenting on the results, CEO Taylor Rhodes said in a press release: "We delivered on our promises in the first quarter and are better positioning ourselves to benefit from the rapid growth of the ...
There was no redemption on Wall Street for Rackspace on Thursday as investors continued to pound the stock after the company missed expectations for the second straight quarter. In February, missing ...
Correction: The month of the company's IPO has been fixed. Rackspace Hosting, flush with cash post IPO, announced Thursday it has acquired two companies as part of a retooled cloud hosting strategy.