Rackspace Technology reports Q1 EPS (11c), consensus (8c)

Reports Q1 revenue $690.8M, consensus $657.98M. Amar Maletira, Chief Executive Officer, stated, “Results in the first quarter of 2025 exceeded our expectations across all key metrics. Revenue was at the high end of our guidance while profit and EPS exceeded our guidance range. This marks the eleventh consecutive quarter in which we have either met or exceeded our guidance.”