Rackspace Technology, Inc. (RXT)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
$3.19-3.04%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
QuarterlyIQ Insights · RXT
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
President — Dharmendra Kumar Sinha: The President of Public Cloud is departing without a stated disagreement, indicating an orderly executive exit rather than a sudden shock or routine board election.
Results of Operations and Financial Condition. O n August 10, 2026, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchang…
Results of Operations and Financial Condition. O n July 9, 2026, the Company issued a press release announcing preliminary financial results for the fiscal quarter ended June 30, 2026 and updates to its fiscal year 2026 outlook. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. -2- The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Entry into a Material Definitive Agreement. At-the-Market Offering Agreement On July 9, 2026, Rackspace Technology, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Agreement”) with Goldman Sachs & Co. LLC, in its capacity as sales agent (the “Manager”), with respect to an at-the-market offering program under which the Company may offer and sell, from time to time at its sole discretion, shares of its common stock, par value $0.01 per share (“Common Stock”), having an…
Other Events. On July 9, 2026, the Company announced the following preliminary financial results for the second quarter of 2026: – Revenue is expected to be in the range of $641 to $649 million, including Private Cloud revenue between $242 to $246 million and Public Cloud revenue between $399 to $403 million. – GAAP Net Loss is expected to be in the range of $(91) to $(62) million, and GAAP net loss per diluted share is expected to be in the range of $(0.36) to $(0.25) – GAAP Loss from Operat…
Other Events. Workforce Realignment O n June 10, 2026, the Executive Committee of the Board of Directors of the Company approved a workforce realignment plan intended to accelerate the Company's strategic transformation as the operator for governed enterprise AI and to realign its workforce around how production AI is deployed, operated and scaled inside regulated enterprises. This realignment is predominantly driven by the Company's strategic decision to deemphasize certain legacy service de…
Other Events. AMD Definitive Agreement On June 16, 2026, Rackspace and AMD announced that they have entered into a definitive GPUaaS Agreement. The GPUaaS Agreement is intended to facilitate the phased deployment by Rackspace of AMD AI compute products (including AMD Instinct™ GPUs (e.g., MI355X, MI350P, and future successor chips) and AMD EPYC™ CPUs) (collectively, the "AMD Products"), across Rackspace's global data centers. Under the GPUaaS Agreement, Rackspace has agreed to dedicate, maint…
Results of Operations and Financial Condition. O n May 7, 2026, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange A…
Director — Ms. Betsy Atkins: Ms. Betsy Atkins resigned from the Board of Directors without any dispute or disagreement.
Results of Operations and Financial Condition. On February 26, 2026, Rackspace Technology, Inc issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2025 . A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended…
Results of Operations and Financial Condition. O n November 6, 2025, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “E…
Director and President, Technology, Sustainability and Artificial Intelligence — Mr. Vikram Mahidhar and Mr. Srinivas Koushik: Two senior executives, including a director and an officer, have resigned from their positions.
Chief Executive Officer — Mr. Maletira: Mr. Maletira was replaced as CEO and entered into a separation agreement with the company.
CEO — Amar Maletira: Mr. Maletira is stepping down as CEO and will serve as non-employee Vice Chairman until September 30, 2025.
Director — Mr. Shashank Samant: Mr. Samant resigned from the Board of Directors.
Results of Operations and Financial Condition. O n August 7, 2025, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange…
Results of Operations and Financial Condition. O n May 8, 2025, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange A…
Changes in Registrant’s Certifying Accountant. (a) Dismissal of Independent Registered Public Accounting Firm The Audit Committee (the "Audit Committee") of the Board of Directors of Rackspace Technology, Inc. (the "Company") dismissed PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm on March 21, 2025. PwC's reports on the consolidated financial statements of the Company and its subsidiaries as of and for the fiscal years ended December 31, 202…
Results of Operations and Financial Condition. On February 20, 2025, Rackspace Technology, Inc issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2024 . A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended…
Director — Mr. Vikram Mahidhar: Appointment of a new director to the Board.
Results of Operations and Financial Condition. O n November 12, 2024, Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “…
Results of Operations and Financial Condition. O n August 8, 2024 , Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchang…
Results of Operations and Financial Condition. O n May 9, 2024 , Rackspace Technology, Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in this report, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange…
includes statements that are forward-looking and therefore subject to risks and uncertainties. All statements, other than statements of historical fact, included herein are, or could be, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are made in reliance on the safe harbor protections provided thereunder. These forward-looking statements relate to anticipated financial performance and other matters. Any forward-looking statement spe…
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