SAN ANTONIO (AP) — SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Thursday reported a loss of $71.5 million in its first quarter.
The San Antonio-based company said it had a loss of 31 cents per share. Losses, adjusted for non-recurring costs, came to 6 cents per share.
The company posted revenue of $665.4 million in the period.
For the current quarter ending in June, Rackspace expects its results to range from a loss of 6 cents per share to a loss of 4 cents per share.
The company said it expects revenue in the range of $653 million to $665 million for the fiscal second quarter.
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