Following the bell today, Rackspace reported its second quarter financial performance. The company mostly missed street expectations, with lower-than-expected revenue, and earnings-per-share that just met expectations. Shares in the hosting company are up just under six percent in after hours trading. Rackspace reported profit of $0.20 per share on revenue of $489 million in the three… Read More
Rackspace Pops 5% After Reporting Lackluster Q2 Results Buttressed By The Promise Of Share Buybacks
August 10th, 2015 John Anderson