Rackspace Tech (NASDAQ:RXT) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.04) by 50 percent. This is a 33.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $685.60 million which beat the analyst consensus estimate of $674.85 million by 1.59 percent. This is a 4.74 percent decrease over sales of $719.70 million the same period last year.
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