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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