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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Rackspace Technology, Inc.    RXT

RACKSPACE TECHNOLOGY, INC.

(RXT)
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Rackspace Technology : named Cloudflare Worldwide MSP Partner of the Year

02/23/2021 | 05:25pm EST
Rackspace Technology named Cloudflare Worldwide MSP Partner of the Year

February 23, 2021

Rackspace Technology named Cloudflare Worldwide MSP Partner of the Year

SAN ANTONIO - February 23, 2021 - Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been recognized as Cloudflare's Worldwide MSP Partner of the Year in honour of its growth and strong, consistent joint customer engagements. This follows the organizations' worldwide reseller and managed services partnership to protect business applications and infrastructure with the benefit of fully managed services.

'As Cloudflare's Worldwide Managed Services Provider Partner of the Year for 2020, we extend congratulations to Rackspace Technology its Americas, APAC, and EMEA teams,' said Matthew Harrell, Global Head of Channels & Alliances for Cloudflare.

'The unprecedented challenges in 2020 have reinforced how critical it is to have a secure, performant, and reliable Internet. Throughout these turbulent times, our partners have been busy innovating and helping organisations of all sizes transform their businesses. By protecting and accelerating websites, applications, and teams with Cloudflare, our partners like Rackspace Technology have helped these organisations adjust quickly, seize new opportunities, and thrive. Cloudflare's mission to help build a better Internet is more important than ever, and we look forward to championing this with our partners in 2021.'

Cloudflare announced its 2020 Partner Champions in an inaugural ceremony. Regional awards were presented across five categories, celebrating the successes of Cloudflare's committed partners which have consistently provided outstanding services and value to joint customers through solutions, support, expertise, and on-going product training.

Rackspace Technology was honoured as the top-performing managed services provider (MSP) partner across Cloudflare's three sales geographies: Americas, APAC, and EMEA.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers' cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Disclaimer

Rackspace Technology Inc. published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 22:24:05 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2020 2 696 M - -
Net income 2020 -188 M - -
Net Debt 2020 3 164 M - -
P/E ratio 2020 -20,4x
Yield 2020 -
Capitalization 4 298 M 4 298 M -
EV / Sales 2020 2,77x
EV / Sales 2021 2,44x
Nbr of Employees 6 800
Free-Float 99,1%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 9
Average target price 27,00 $
Last Close Price 21,02 $
Spread / Highest target 38,0%
Spread / Average Target 28,4%
Spread / Lowest Target 18,9%
EPS Revisions
Managers and Directors
NameTitle
Kevin M. Jones Chief Executive Officer & Director
Amar Mandanna Maletira President & Chief Financial Officer
David Benjamin Sambur Chairman
Tolga Tarhan Chief Technology Officer
Subroto Mukerji Chief Operating Officer & Executive Vice President
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