Rackspace Technology reports Q3 EPS (4c), consensus (7c)

Reports Q3 revenue $675.8M, consensus $675.14M. Amar Maletira, Chief Executive Officer, stated, “Our third-quarter results exceeded the midpoint of our guidance for revenue, operating profit, and EPS. Bookings grew double digits with Public Cloud posting a record bookings quarter since the formation of the two business units. I’m pleased with the steady progress we are making in both the businesses on multiple fronts.”