422.41MMarket Cap-0.47P/E (TTM)
1.920High1.760Low860.01KVolume1.900Open1.890Pre Close1.56MTurnover0.99%Turnover RatioLossP/E (Static)237.31MShares3.40952wk High-0.42P/B154.32MFloat Cap1.45052wk Low--Dividend TTM86.70MShs Float26.430Historical High--Div YieldTTM8.47%Amplitude1.050Historical Low1.815Avg Price1Lot Size
Rackspace Technology Stock Forum
Positive
Net loss improved to $187 million from $227 million year-over-year
Double-digit bookings growth with record Public Cloud bookings
Strong cash position with $157 million and undrawn credit facility of $375 million
Operating cash flow of $52 million in Q3 2024
Negative
Total revenue declined 8% year-over-year to $676 million
Private Cloud revenue dropped 14% to $258 million
Public Cloud revenue decreased 3% to $418 million
Non-GAAP Operating Profit fe...
Importance of Data Centers:
1. Data Storage and Management: They store critical information for businesses, governments, and individuals, enabling efficient data retrieval and management.
2. Cloud Computing: Data centers support cloud services, allowi...
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