Rackspace Technology

RXT

Market cap $352M

The retailer's strategic cloud adoption includes migrations to two public cloud platforms, backed by Rackspace managed services The retailer's strategic cloud adoption includes migrations to two public cloud platforms, backed by Rackspace managed services

LONDON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid and AI technology solutions, today announced it has received the UK Armed Forces Covenant's Defence Employer Recognition Scheme (ERS) Silver Award recognizing employers who have shown exceptional support to the armed forces community including reservists, veterans and military families. Employers recognized have gone beyond the UK Armed Forces Covenant commitments to embed supportive employee policies, promote defence values, and advocate for service personnel in the civilian workforce with policies that include: Paid leave for reservist training and mobilisation Active veteran recruitment and retention policies Flexible support for military families Visible leadership endorsement of the Armed Forces Covenant “Rackspace Technology is proud to support those who serve or have served in the Armed Forces and their families,” said Victoria Driscoll Senior Director, Professional Services Delivery Rackspace Technology.

SAN ANTONIO, Texas, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has achieved the Amazon Web Services (AWS) Automotive Competency.

SAN ANTONIO, Texas, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has achieved the Amazon Web Services (AWS) Automotive Competency.

SAN ANTONIO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that on September 4, 2025, the Company granted inducement equity awards to Gajen Kandiah in connection with his appointment as the Company's new Chief Executive Officer.

SAN ANTONIO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that its Board of Directors has appointed Gajen Kandiah as Chief Executive Officer, effective September 3, 2025.

SAN ANTONIO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ®, a leading end-to-end hybrid cloud and AI solutions company, and SMPL-C, an AI-powered compliance automation platform, today announced their “Better Together” strategic partnership. The partnership will be delivered through Rackspace Technology Government Solutions, the company's specialized division focused on secure, CMMC-authorized cloud infrastructure and compliance services for federal, state and local agencies as well as the defense industry.

SAN ANTONIO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid cloud and AI solutions provider, today announced key AI-enabled enhancements to the Rackspace Cyber Defense Center (RCDC), a dedicated security operations center (SOC), to deliver around-the-clock threat detection, isolation, and remediation across public, private and hybrid cloud environments. Driving innovation within the RCDC is the Rackspace AI Security Engine (RAISE), which bridges critical skills and resource gaps by combining human expertise with machine-driven precision.

Rackspace Technology, Inc. (NASDAQ:RXT ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Amar Maletira - President, CEO & Director Mark A. Marino - Executive VP & CFO Sagar Hebbar - Head of Investor Relations Conference Call Participants Frank Garrett Louthan - Raymond James & Associates, Inc., Research Division Kevin Damien McVeigh - UBS Investment Bank, Research Division Operator Good day, and thank you for standing by.

Rackspace (RXT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.08 per share a year ago.