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Business Wire (May 9, 2013)
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Business Wire (May 8, 2013)
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Business Wire (May 1, 2013)
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Business Wire (Apr 29, 2013)
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Business Wire (Apr 23, 2013)
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Bear Of The Day: RackspaceZacks Investment Research • Tue, Apr 23
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Business Wire (Apr 23, 2013)
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Business Wire (Apr 16, 2013)
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Business Wire (Apr 15, 2013)
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Business Wire (Apr 9, 2013)
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Bear Of The Day: RackspaceZacks Investment Research • Tue, Apr 23
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Rackspace: A Beneficiary Of The Growth In Cloud ComputingQineqt • Mon, Oct 1, 2012 -
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Rackspace Finally Launches The Open Source CloudDana Blankenhorn • Wed, Aug 1, 2012
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Rackspace Hosting, Inc. Q4 2009 Earnings Call TranscriptWed, Feb 17, 2010
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Rackspace Hosting, Inc. Q2 2008 Earnings Call TranscriptWed, Sep 10, 2008 • 3 Comments
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at MarketWatch.com (May 9, 2013)
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Business Wire (May 9, 2013)
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at MarketWatch.com (May 8, 2013)
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at CNBC.com (May 8, 2013)
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Business Wire (May 8, 2013)
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Business Wire (May 1, 2013)
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Business Wire (Apr 29, 2013)
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Business Wire (Apr 23, 2013)
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Business Wire (Apr 23, 2013)
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Business Wire (Apr 16, 2013)
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Business Wire (Apr 15, 2013)
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Business Wire (Apr 9, 2013)
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Business Wire (Apr 8, 2013)
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Business Wire (Mar 13, 2013)
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Business Wire (Mar 6, 2013)
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Business Wire (Feb 27, 2013)
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Business Wire (Feb 22, 2013)
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Business Wire (Feb 13, 2013)
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at CNBC.com (Feb 13, 2013)
RAX vs. ETF Alternatives
Company Description
Rackspace Hosting, Inc. was incorporated in Delaware on March 7, 2000 under the name Rackspace.com, Inc. However, our operations began in 1998 as a limited partnership, which became our subsidiary through a corporate reorganization completed on August 21, 2001. The company’s name was changed to... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Thursday, May 9, 12:45 PM Four downgrades are levied on Rackspace (RAX -26.3%) following yesterday's Q1 revenue miss, accompanied by worrying business metrics. Slowing growth and a slumping EBITDA margin (due to price cuts) are problems that will get worse as Microsoft and Google ramp their cloud offerings, argues CLSA, which has cut shares to Sell. The firm adds checks indicate "mid-tier to large firms" are increasingly migrating from hosting to cloud services, and expects OpenStack to be immaterial to RAX's bottom line for the next 1-2 years. Stephens, making a contrarian upgrade to Overweight, thinks "new contract wins are on the horizon," as Rackspace targets enterprises. EQIX -2.2%. COR -4.2%. INXN -3.3%. VMW -2.5%. (transcript) 1 Comment [Tech, Earnings, On the Move]
- Wednesday, May 8, 5:16 PM Rackspace (RAX) now -15.8% AH following its Q1 revenue miss. Server count rose 4% Q/Q to 95.1K, but average revenue/server fell $2 to $1,308 after steadily rising in 2012. Also, the net upgrade rate fell to 0.9% from Q4's 1.2% and Q3's 1.6%, and installed base growth fell to just 0.1% from Q4's 0.5% and Q3's 0.8%. Dedicated cloud (hosting) revenue +15% Y/Y (+18% in Q4) to $271.3M and still 75% of total. Public cloud (OpenStack) +40% (+49% in Q4) to $90.9M - investors might be looking for faster growth, given Amazon and Microsoft's growth rates. Capex was $125.4M (35% of revenue), +43% Q/Q and +52% Y/Y. (PR) 1 Comment [Tech, Earnings, On the Move]
- Wednesday, May 8, 4:06 PM Rackspace (RAX): Q1 EPS of $0.20 in-line. Revenue of $362.2M (+20% Y/Y) misses by $5M. Adjusted free cash flow of -$1M. Shares -3.8% AH. CC at 4:30PM ET (webcast). (PR) Comment! [Tech, Earnings, On the Move, Breaking News]
- Wednesday, May 8, 12:10 AM Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX Comment! [Earnings]
- Tuesday, May 7, 5:35 PM Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX Comment! [Earnings]
- Wednesday, February 13, 12:13 PM Rackspace (RAX -17.3%) is crashing thanks to a Q4 miss caused by slowing server growth and a declining upgrade rate. On the earnings call, management stated execution and macro issues caused the upgrade rate drop, but the transition to cloud services from traditional hosting has also been mentioned as a reason for slowing growth. Rackspace expects 2013 capex of $375M-$445M, up from 2012's $338M. Staples has been added as an OpenStack cloud customer, and management boasts of a major lead on IT giants supporting the platform. Comment! [Tech, Earnings, On the Move]
- Tuesday, February 12, 4:27 PM More on Rackspace's Q4: Server count +1.7% Q/Q to 90.5K; it had risen 4.8% in Q3. Total customers +4% Q/Q to 205.6K. Net upgrade rate fell to 1.2% from Q3's 1.6%. Average revenue/server +2% Q/Q to $1,310. Adjusted free cash flow +14% Q/Q to $39M. Capex was $88M (25% of revenue). Gross margin +120 bps Q/Q to 73%. Dedicated cloud (hosting) revenue +18% Y/Y and 75% of total. Public cloud (OpenStack) +49% and 25% of total. RAX -8.9% AH. CC at 4:30PM ET (webcast), look for questions about competition from Amazon and others. (PR) Comment! [Tech, Earnings]
- Tuesday, February 12, 4:03 PM Rackspace (RAX): Q4 EPS of $0.21 misses by $0.01. Revenue of $353M (+25% Y/Y) misses by $2.42M. Shares -8.3% AH. (PR) 2 Comments [Earnings, Breaking News, Tech, On the Move]
- Tuesday, February 12, 12:10 AM Notable earnings after Tuesday’s close: ACC, AXLL, BWLD, CLF, CLWR, DDR, FRT, FTI, HTS, LPSN, NRP, NTGR, RAX, RENN, RKUS, SCI, SGEN, SKT, SVM, THRX, TRLA, WU, XNPT 1 Comment [Earnings]
- Monday, February 11, 5:35 PM Notable earnings after Tuesday’s close: ACC, AXLL, BWLD, CLF, CLWR, DDR, FRT, FTI, HTS, LPSN, NRP, NTGR, RAX, RENN, RKUS, SCI, SGEN, SKT, SVM, THRX, TRLA, WU, XNPT 1 Comment [Earnings]
- Wednesday, November 7, 2012, 2:14 PM Richly-valued Rackspace (RAX -5.4%) is selling off after delivering a decent (but not spectacular) Q3 report (I, II) - shares are still up strongly from July levels. Rackspace noted on its earnings call it's seeing healthy early interest in its OpenStack cloud infrastructure solutions, whose scalability help Rackspace better compete with Amazon Web Services (AWS), and that it has led to "conversations with large enterprise customers that we just weren't having a year ago." Rackspace is hoping its service quality and user control will help counter Amazon's pricing edge. Comment! [Tech, Earnings, On the Move]
- Tuesday, November 6, 2012, 4:22 PM More on Rackspace: Server count +4.8% Q/Q to 89K, total customers +3.5% to 197.6K. Adjusted free cash flow was $34.1M, up from Q2's $28.7M. Capex was $85M (25% of revenue), up from Q2's $82M. Churn was -0.8%, even with Q2. Revenue/server +1% Q/Q and +11% Y/Y to $1,287. Public cloud revenue (includes OpenStack) +10% Q/Q and +57% Y/Y to $79.4M, now 24% of total. Dedicated cloud (hosting) +4% Q/Q and +20% Y/Y. RAX -1.2% AH. CC at 4:30PM ET (webcast). (PR) Comment! [Tech, Earnings]
- Tuesday, November 6, 2012, 4:08 PM Rackspace (RAX): Q3 EPS of $0.19 in-line. Revenue of $336M (+27% Y/Y) in-line. Shares -1.4% AH. (PR) 3 Comments [Tech, Earnings]
- Tuesday, November 6, 2012, 12:10 AM Notable earnings after Tuesday’s close: AMRS, ARNA, DPM, EXXI, EZPW, GPOR, GTE, NWSA, RAX, RBCN, REXX, SGY, STEC, TWO Comment! [Earnings]
- Monday, November 5, 2012, 5:35 PM Notable earnings after Tuesday’s close: AMRS, ARNA, DPM, EXXI, EZPW, GPOR, GTE, NWSA, RAX, RBCN, REXX, SGY, STEC, TWO Comment! [Earnings]
- Wednesday, August 8, 2012, 11:34 AM Rackspace (RAX +12%) is taking off after posting a decent Q2 report featuring growing cash flow and healthy customer data, and getting upgraded by Jefferies and Pac Crest in response. Jefferies predicts revenue growth will re-accelerate in 2013, fueled by demand for Rackspace's just-launched OpenStack cloud infrastructure solutions. 14.8% of Rackspace's float was shorted as of July 13. Comment! [Tech, Earnings, On the Move, Quick Ideas]
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The Wall Street Transcript
Rackspace Hosting ( $RAX ) Faces Increased Competition and Growth Uncertainty- http://su.pr/1zMLrh - View all 0 replies
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Speeddymon: Remember though that Y/Y revenues are up. Shares are down because earnings missed the estimates. Its a better buy today now that prices fell
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Tony Kau
$TDC should follow $RAX - looks exhausted here, looking for rebound http://ow.ly/klFG2 http://ow.ly/i/1XgG1 - View all 0 replies
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LATEST REPLIES
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Speeddymon: Remember though that Y/Y revenues are up. Shares are down because earnings missed the estimates. Its a better buy today now that prices fell
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cheznazi: Yup, I gathered that but did not expect such a severe whipping. I hope people put a stop loss on this one! :)
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Closet Iguana: The only reason I can see it going higher is the earnings estimates are too low. -0.17? Come on! Last yr it was -0.12 and last Q was -0.14.
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Closet Iguana: I'm not bitter about AMD it's the stock promoters that annoy me.
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Erick McKitterick: No I left the THC long back on Nov 7th. I both tweeted the trade and put it on SA.
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Erick McKitterick: Paid services are available such as LiveVol Pro or Bloomberg Trade station. I use LiveVolPro it's 250.00 a month.
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Maria Auziliadora: I am glad I down own this one thought about it though way overpriced and missed earnings TIBX better choice
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Bret Kenwell: Indeed, I learned quick if I'm going short, either cut the losses quick, or take gain early. Up until recently the market hasn't rewarded -
Bret Kenwell: the bears much, and if it did, it was only a moment. right now my only long is MSFT. looking to establish long in AAPL short in CRM though.
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Boatyzaffa: Oz, I don;t consider myself a buy and hold guy, but the price action last thursday caught my attention as RAX on a 40% increase in daily...
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