Seeking Alpha

More on Rackspace's Q1: Shares were priced to perfection after rallying ~30% from late January....

More on Rackspace's Q1: Shares were priced to perfection after rallying ~30% from late January. Server count rose 3% Q/Q to 82.4K, and total customers rose 5% to 180.8K. This compares with flat server growth and 7% customer growth in Q4. Capex was $82M, or 27.2% of revenue. Operating cash flow was $70M, down from $88.3M in year-ago period. RAX -12.9% AH. (PR)

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