Rackspace announces third quarter 2026 financial results
The company will release results after market close on November 9. CEO and CFO will host a conference call on November 10.
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Enterprise AI infrastructure and cloud services operator
rackspace.comLast updated
In short: Rackspace signed HGS as its first global system integrator customer for AMD-powered private AI infrastructure.
The company will release results after market close on November 9. CEO and CFO will host a conference call on November 10.
Private Cloud revenue grew 5% to $263 million, while Public Cloud fell 2% to $407 million; net loss widened to $68 million.
It announced a Palantir partnership, preliminary Q2 2026 results, and a capital raise to fund AI deployment.
Revenue reaches $678 million, up 2% YoY. Public Cloud grows 7%, Private Cloud declines 6%. Signs MOU with AMD for AI infrastructure. Provides FY 2026 guidance.
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...
This article first appeared on GuruFocus. Rackspace Technology (RXT) plunged about 25% Thursday after cutting its FY26 outlook and announcing plans for a $250 million...
Detailed price information for Rackspace Technology Inc (RXT-Q) from The Globe and Mail including charting and trades.
Rackspace Technology and Advanced Micro Devices have signed a massive agreement to deploy artificial intelligence computing ...
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