Skip to main content

Rackspace: Q4 Earnings Snapshot

SAN ANTONIO (AP) — SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Thursday reported a loss of $32.7 million in its fourth quarter.

On a per-share basis, the San Antonio-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.

The company posted revenue of $682.8 million in the period.

For the year, the company reported a loss of $225.8 million, or 95 cents per share. Revenue was reported as $2.69 billion.

Rackspace expects full-year revenue in the range of $2.6 billion to $2.7 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RXT at https://www.zacks.com/ap/RXT

Israeli military admits for first time to firing on car carrying 5-year-old Hind Rajab as it opens criminal probe

(CNN) — The Israeli military acknowledged for the first time on Wednesday that it opened fire on the vehicle carrying 5-year-old Hind Rajab in Gaza and said it had opened a criminal investigation into the killing.The Israel Defense Forces (IDF) had previously denied involvement in the January 2024 killing, saying months later that a preliminary investigation found its forces were “not present near the vehicle or within firing range” of the vehicle.Rajab was one of seven family members traveling in a vehicle in northern Gaza on when they came under Israeli fire. Rajab survived the initial fire and pleaded on the phone for hours with Palestinian paramedics to come rescue her. Afterwards, an ambulance dispatched to save her also came under fire.Twelve days later, Rajab’s body was found in a car riddled with bullets.Recordings of Rajab’s call with paramedics gained international attention, driving calls for accountability for her killing and that of thousands of other children in Gaza. A film about the incident, “The Voice of Hind Rajab,” was nominated for an Oscar in 2026.This is a developing story and will be updated.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Read Next Story