Key Developments: Rackspace Hosting Inc (RAX)

RAX on New York Consolidated

51.33USD
1 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Rackspace Hosting Inc gives Q1 revenue outlook; gives FY 2015 revenue outlook in line with analysts' estimates
Tuesday, 17 Feb 2015 04:00pm EST 

Rackspace Hosting Inc:Expects Q1 2015 revenue to grow between 2 pct and 3.5 pct on a constant currency basis.Expects FY 2015 revenue to grow between 14 pct and 18 pct on a constant currency basis.Reported revenue of $1.794 bln in FY 2014.FY 2015 revenue of $2.077 bln - Thomson Reuters I/B/E/S.  Full Article

Rackspace Hosting Inc gives Q4 2014 revenue guidance in line with analysts' estimates
Monday, 10 Nov 2014 04:01pm EST 

Rackspace Hosting Inc:Expects Q4 2014 total net revenue to range between $469 and $476 million.Q4 2014 revenue of $476 million - Thomson Reuters I/B/E/S.  Full Article

Rackspace Hosting Inc announces cloud office suite for improved business collaboration backed by fanatical support
Thursday, 23 Oct 2014 09:00am EDT 

Rackspace Hosting Inc:Says it has created a new business unit -- Cloud Office at Rackspace -- to unify its portfolio of Rackspace and Microsoft business productivity and collaboration tools.Says suite of solutions available under Cloud Office at Rackspace includes hosted Microsoft Exchange and Rackspace Email, Microsoft Lync and Microsoft SharePoint collaboration tools and Jungle Disk backup services, all backed by Fanatical SupportÂ.  Full Article

Rackspace Hosting Inc names Taylor Rhodes as CEO and appoints Graham Weston as non-executive chairman
Tuesday, 16 Sep 2014 04:16pm EDT 

Rackspace Hosting Inc:Names Taylor Rhodes to be the company's chief executive officer as well as a member of the board, effective immediately.He retains his previous role as president.Rackspace co-founder, Graham Weston, who has served as CEO and chairman since Feb., now is non-executive chairman of the board.  Full Article

Rackspace Hosting Inc gives Q3 2014 revenue guidance
Monday, 11 Aug 2014 04:00pm EDT 

Rackspace Hosting Inc:Expects Q3 2014 net revenue growth of 3 to 4.5 pct, resulting in net revenue in the range of $454 to $461 mln.Q3 2014 revenue of $454 mln - Thomson Reuters I/B/E/S.  Full Article

Rackspace Hosting Inc gives Q2 2014 revenue guidance in line with analysts' estimates
Monday, 12 May 2014 04:00pm EDT 

Rackspace Hosting Inc:Expects Q2 2014 quarter-over-quarter sequential net revenue growth of 3pct to 4.5pct, resulting in net revenue in the range of $434 million to $440 million.Q2 2014 revenue of $435 million - Thomson Reuters I/B/E/S.  Full Article

Rackspace Hosting Inc gives Q1, FY 2014 revenue outlook in line with analysts' estimates - Conference Call
Tuesday, 11 Feb 2014 05:30am EST 

Rackspace Hosting Inc:Sees FY 2014 revenue growth to range between 15 pct and 18 pct or $1.765-$1.8 bln in revenue.Sees Q1 2014 revenue to grow between 2 pct and 3.5 pct, as compared to 2.6 pct in Q1 2013, or $416-$422 mln in revenue.Q1 2014 revenue of $419 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $1.783 bln - Thomson Reuters I/B/E/S.  Full Article

Lanham Napier retires as CEO of Rackspace Hosting Inc
Monday, 10 Feb 2014 04:00pm EST 

Rackspace Hosting Inc:Says Lanham Napier retired from the company as Chief Executive Officer and as a member of the Board of Directors.Says Graham Weston, Rackspace's co-founder and Executive Chairman of the Board of Directors, has been appointed Chief Executive Officer.  Full Article

Rackspace Hosting Inc appoints Taylor Rhodes as President-Form 8-K
Monday, 13 Jan 2014 09:31am EST 

Rackspace Hosting Inc:Says on Jan. 13, Taylor Rhodes was appointed as President of the company.Says prior to his appointment as President, Mr. Rhodes acted as the Chief Customer Officer from Sept. 2013.  Full Article

Rackspace Hosting Inc gives Q4 2013 revenue outlook in line with estimates-Conference Call
Wednesday, 13 Nov 2013 02:55pm EST 

Rackspace Hosting Inc:Sees Q4 2013 revenue in the range of 400 mln to $408 mln.Q4 2013 revenue $404 mln -- Thomson Reuters I/B/E/S Estimates.  Full Article

Rackspace's current-quarter revenue forecast misses estimate

- 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.

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