NASDAQ: RXT
Rackspace Technology, Inc.CIK 0001810019 · Computer & Data Processing
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Rackspace launches $250M equity offering, cuts FY26 outlook by $150M on AI pivot
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Rackspace Technology at-the-market offering of up to $250M common stock at market prices
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Rackspace Technology at-the-market offering of up to $250M common stock at $6.43/share
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Rackspace signs AMD GPU deal for 30 MW AI compute, contingent on financing and approvals
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Rackspace cuts 15% of workforce in pivot from legacy cloud to enterprise AI
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RXT returns to profit on $55.8M debt buyback gain; gross margin compresses 150bp
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Rackspace reports Q1 2026 profit, 2% revenue growth; announces preliminary AMD AI partnership
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