Rackspace Public Cloud Revenue Drives Robust Growth in 4Q
Rackspace Hosting RAX extended its recent growth trends into its fourth quarter, posting 32% revenue growth versus 2011 on the back of 86% growth in its public cloud computing segment, which now...
View ArticleRackspace's 4Q Results Reveal Slowing Growth
Rackspace Hosting RAX announced fourth-quarter earnings Tuesday and posted full-year revenue and earnings slightly below our forecast. The company continues to make strides in managing the efficiency...
View ArticleRackspace Posts Disappointing Quarter; Early Leadership in Cloud Computing...
Rackspace Hosting's RAX first-quarter results were meaningfully below our forecast, and management's weak guidance for the second quarter has caused us to revise our model and fair value estimate....
View ArticleRackspace Hosting profit misses as costs weigh
(Reuters) - Rackspace Hosting Inc reported a first-quarter profit that missed Wall Street expectations as the company spent more on its data centers and beefed up its workforce to cater to the...
View ArticleDropping Coverage of Rackspace
We are no longer providing equity research on Rackspace RAX. We provide broad coverage of more than 1,800 companies across 91 industry groups and adjust our coverage as necessary based on client demand...
View ArticlePlacing Rackspace Under Review
Rackspace RAX announced third-quarter earnings yesterday that were modestly ahead of our estimates. Although we do not expect material changes to our thesis, we are placing our fair value estimate...
View ArticleRackspace's Transition to Cloud Computing Continues; Risk Greater Than Reward...
From a financial perspective, Rackspace RAX is doing a very effective job maintaining revenue growth as it increases focus on its cloud computing segment. For the second quarter, managed hosting...
View ArticleRackspace's current-quarter revenue forecast misses estimate
Feb 17 (Reuters) - Rackspace Hosting Inc forecast current-quarter revenue below analysts' expectation, hurt by a strong dollar, sending its shares down 4.8 percent in extended trading on Tuesday.
View ArticleMarket Is Ignoring Competitive Risks for Rackspace
Absent a potential takeout, prolonged price competition and low returns on capital will depress investment returns.
View ArticleRackspace revenue up 14 pct
May 11 (Reuters) - Rackspace Hosting Inc reported a 14 percent increased in quarterly revenue due to higher demand for its web-hosting and cloud management services.
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