Rackspace Technology, INC

Rackspace Technology announces a $250 million at-the-market equity distribution agreement and extends its receivables securitization facility to 2029, while also providing preliminary Q2 2026 results and updating its FY26 outlook.

Rackspace Technology, Inc. announced the results of its 2026 Annual Meeting of Stockholders, including the election of directors and ratification of its independent auditor.

Rackspace Technology and AMD have signed a definitive agreement to deploy 30 MW of AMD AI compute across Rackspace's global data centers, aiming to create a new category of governed enterprise AI infrastructure.

Rackspace Technology is realigning its workforce, cutting approximately 15% of its global employees to accelerate its AI transformation and de-emphasize legacy services.

Rackspace Technology announced its first quarter 2026 financial results, showing a 2% year-over-year revenue increase to $678 million, alongside a strategic Memorandum of Understanding with AMD to develop governed enterprise AI infrastructure.

Rackspace Technology, Inc. announced the resignation of Director Betsy Atkins from its Board, effective March 31, 2026, with no stated disputes.

Rackspace Technology reported a wider net loss for Q2 2026 compared to the prior year, despite a slight increase in revenue, driven by higher costs and increased interest expenses.

Rackspace Technology reports a significant reduction in net loss for Q3 2025, driven by lower impairment charges and debt refinancing benefits, despite a slight revenue decline.

Rackspace Technology reported a wider net loss in Q2 2025 as revenue continued to decline across both Public and Private Cloud segments, despite improvements in operational efficiency and cash flow from operations.

Rackspace Technology's Q1 2025 results show a decrease in revenue but a substantial reduction in net loss compared to the same period last year, driven by cost optimization and debt refinancing.

Rackspace Technology's Q3 2024 results show a revenue decline of 7.7% year-over-year, alongside strategic adjustments and significant non-cash impairment charges.

Rackspace Technology's Q2 2024 results show a revenue decline and a net income improvement, heavily influenced by debt restructuring and goodwill impairments.

Rackspace Technology reported a significant reduction in net loss and improved operating profit in 2025, driven by strategic shifts towards hybrid cloud and AI solutions despite a slight revenue decline.

Rackspace Technology's 2024 10-K filing reveals a revenue decrease alongside ongoing efforts to adapt to evolving cloud and AI demands.

This document provides a comprehensive overview of Rackspace Technology, Inc.'s subsidiaries and its business operations, including financial reporting and risk factors.

Anthony Scott, a Director of Rackspace Technology, Inc., sold 48,780 shares of common stock on August 14, 2026 for $4.25 per share.

Chief Human Resources Officer Kellie Teal-Guess sold 33,966 shares of Rackspace Technology to cover tax obligations.

Rackspace Technology CEO Gajakarnan Vibushanan Kandiah received 200,000 RSUs and sold 8,059 shares to cover tax obligations.

CFO Mark Marino acquired 806,451 restricted stock units and sold 48,099 shares to cover tax obligations.

Dharmendra Kumar Sinha, EVP of Public Cloud at Rackspace Technology, reported a grant of restricted stock units and a subsequent sell-to-cover transaction for tax obligations.

Kellie Teal-Guess, Chief Human Resources Officer at Rackspace Technology, sold 113,232 shares to cover tax obligations.

Rackspace Technology, Inc. has issued its 2026 Proxy Statement, outlining key proposals including director elections, auditor ratification, and an amendment to its 2020 Equity Incentive Plan.

Rackspace Technology, Inc. has filed a definitive proxy statement with the SEC.

Rackspace Technology will hold its 2025 annual meeting of stockholders virtually on June 20, 2025, to vote on director elections, auditor ratification, and executive compensation.

Rackspace Technology, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.

Rackspace Technology is holding its 2024 annual meeting of stockholders to vote on key proposals including the election of directors, ratification of the company's auditor, executive compensation, and an amendment to the equity incentive plan.

Several Apollo Management-affiliated entities have collectively reported beneficial ownership of over 51% of Rackspace Technology, Inc. common stock as of June 30, 2026.

ABRY Partners and associated individuals have filed an amendment to their Schedule 13G, reporting a 0% beneficial ownership stake in Rackspace Technology, Inc.

Several Apollo-affiliated entities have collectively reported beneficial ownership of over 52% of Rackspace Technology's common stock as of March 31, 2026.

Apollo Management and its affiliates report continued beneficial ownership of 53.2% of Rackspace Technology, Inc. common stock.

Apollo Management Holdings GP, LLC and its affiliates report a continued 53.2% beneficial ownership in Rackspace Technology, Inc. common stock.

Apollo Management Holdings GP, LLC and its affiliates report continued beneficial ownership of 54.1% of Rackspace Technology, Inc. common stock.