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May 11, 2015 10:02 pm GMT
After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company’s guidance for its current quarter failed to match expectations, clouding investor sentiment about Rackspace’s future growth. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HQr0RolTgy8/
Rackspace Plunges 11% On Lackluster Q2 Guidance
After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company’s guidance for its current quarter failed to match expectations, clouding investor sentiment about Rackspace’s future growth. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/HQr0RolTgy8/
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