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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.

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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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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