Web Hosting Company Rackspace’s 3Q profit jumps 55% – 11/09/2010

Rackspace Hosting Inc. announced Monday its third-quarter profit and revenue increased compared with last year and the previous quarter. The report citing higher customer counts, new services and early returns on investments.

The Web hosting company reported net revenue of $199.7 million, a 23 percent jump compared with the same period last year and a 6.6 percent . . . → Read More: Web Hosting Company Rackspace’s 3Q profit jumps 55% – 11/09/2010

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