USA Web Hosting Company Revenue Beats Estimates – 11/13/2014

Rackspace Hosting Inc reported a better-than-expected 18.3 percent jump in quarterly revenue, helped by higher demand for its cloud management and web hosting services.

The company’s revenue rose to $459.8 million for the third quarter ended Sept. 30, from $388.6 million a year earlier.

Net income rose to $25.7 million, or 18 cents per share, from $16.3 million, . . . → Read More: USA Web Hosting Company Revenue Beats Estimates – 11/13/2014

USA Cloud hosting Company results beat estimates – 05/14/2014

Rackspace Hosting Inc reported better than expected quarterly results as demand rose for its cloud hosting services, and the company forecast current-quarter revenue above Wall Street estimates.

Rackspace forecast revenue of $434 million-$440 million for the second quarter ending June. Analysts on average were expecting revenue of $435.5 million, according to Thomson Reuters I/B/E/S.

Rackspace’s net income fell . . . → Read More: USA Cloud hosting Company results beat estimates – 05/14/2014

Run APPS Faster on Performance Cloud Hosting Servers – 11/19/2013

Rackspace Performance Cloud Hosting Servers are designed to deliver exceptional performance and scalability, giving you the power to move at the speed your users demand. With Performance Cloud, databases deliver higher IOPS, websites load faster and video apps stream quicker.

Rackspace Performance Cloud Hosting features include

RAID 10-protected, data center grade SSDs and the latest generation Intel® . . . → Read More: Run APPS Faster on Performance Cloud Hosting Servers – 11/19/2013

Cloud Hosting Company Rackspace revenue misses – 02/13/2013

Texas-based Cloud Hosting Company Rackspace said revenue grew 5 percent in the fourth quarter over the preceding three-month period, the fifth consecutive quarter in which sequential growth has slowed.

Web hosting companies like Rackspace and competitors Equinix and Internap Network Services Corp own or lease space on a server, typically housed in data centers, warehouses lined wall-to-wall . . . → Read More: Cloud Hosting Company Rackspace revenue misses – 02/13/2013

Cloud Web Hosting Company Reports Higher Profit – 11/08/2012

Rackspace Hosting Inc.’s third-quarter profit rose 36% as the data-center provider continued to add customers to its fast-growing cloud-storage business.

Results fell in-line with analysts’ average estimates, marking a departure from uncertainty that loomed over the previous two quarters, when executives warned investors could expect volatile revenue as customers reacted to the rollout of new software.

Rackspace has . . . → Read More: Cloud Web Hosting Company Reports Higher Profit – 11/08/2012

Cloud Hosting Company Rackspace Hosting profit misses – 05/08/2012

Rackspace Hosting Inc <RAX.N> reported a first-quarter profit that missed Wall Street expectations as the company spent more on its data centers and beefed up its workforce to cater to the growing demand for cloud computing.

Shares of the company, which has topped profit estimates for the last three quarters, fell 13 percent to $50.25 in extended . . . → Read More: Cloud Hosting Company Rackspace Hosting profit misses – 05/08/2012

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