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May 09, 2024 16:15 ET | Source: Rackspace Technology, Inc.

Rackspace Technology Reports First Quarter 2024 Results

Revenue of $691 million in the First Quarter, down 9% Year-over-YearPrivate Cloud Revenue was $268 million, down 15% Year-over-YearPublic Cloud Revenue was $422 million, down 5% Year-over-YearFirst...
March 12, 2024 16:15 ET | Source: Rackspace Technology, Inc.

Rackspace Technology Announces Refinancing Transactions, Significantly Reducing Debt and Securing New Money Investment

Company to Receive $275 Million of New Money to Advance Key Strategic Initiatives Company to Launch Public Exchange Offer to All Existing Term Loan Lenders and Secured Note Holders SAN ANTONIO,...