Exceeded Guidance for Ninth Consecutive Quarter
Rackspace surpassed the midpoint of guidance for revenue, profit, and EPS, marking the ninth consecutive quarter of meeting or exceeding guidance.
Private Cloud Revenue Growth in Healthcare Sector
Significant growth in the healthcare sector with private cloud revenue projected to increase by nearly 30% year-over-year.
Record Public Cloud Bookings
Public Cloud achieved the highest level of bookings since early 2023, with high double-digit sequential and year-over-year growth.
Innovative Product Launches
Launched 15 new products and enhanced 19 others, including on-demand GPU as a Service powered by NVIDIA's H100 Tensor Core GPUs.
Strong Liquidity Position
Ended the quarter with $157 million in cash and $532 million of total liquidity, including $375 million of undrawn commitments.