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Rackspace Tech Q3 Adj. EPS $(0.06) Beats $(0.08) Estimate, Sales $609.100M Beat $573.953M Estimate

Benzinga Newsdesk 3 hours ago

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Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.08) by 25 percent. This is a 20 percent decrease over losses of $(0.05) per share from the same

Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.08) by 25 percent. This is a 20 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $609.100 million which beat the analyst consensus estimate of $573.953 million by 6.12 percent. This is a 9.25 percent decrease over sales of $671.200 million the same period last year.

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