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Rackspace reports 2Q22 results; slower top-line revenue growth (update)

  • August 15, 2022
  • Analyst: Philbert Shih

Rackspace reported its 2Q22 results, which showed slowing top-line revenue growth, that came in just below guidance. There were no new developments around the recently disclosed strategic evaluations, but management continues to re-align the business in preparation for that eventuality.

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