Saturday, February 27, 2021
  • About Us
  • Contact Us
  • Deals & Coupons
  • Privacy Policy
  • Terms & Conditions
Cloud Host News
  • Home
  • Hosting
    NetApp Becomes Technology Partner of DHPA

    NetApp Becomes Technology Partner of DHPA

    Managed WordPress Hosting Provider DreamHost Partners with Lendio

    DreamHost, a Managed WordPress Hosting Provider Partners with Lendio

    The Events Calendar

    Liquid Web Acquires ‘The Events Calendar’ a Popular WordPress Plugin

    HostPapa acquires another Canadian web hosting company

    HostPapa acquires another Canadian web hosting company

    Web.com releases new lineup of Pro Services(Pro SEO and Pro Website)

    Web.com releases new lineup of Pro Services(Pro SEO and Pro Website)

    Loopia Picks EcoDataCenter From Sweden for Sustainable Data Center Services.

    Loopia Picks EcoDataCenter From Sweden for Sustainable Data Center Services.

    Trending Tags

    • Hosting
    • A2 Hosting
    • web hosting
    • Cloud Hosting
    • free hosting
    • DreamHost
  • Cloud
    Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

    Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

    Bitcoin Plummeted $8000 After Elon Musk's Concerns Over Rally

    Bitcoin Plummeted $8000 After Elon Musk’s Concerns Over Rally

    Red Hat's OpenShift Platform Released on IBM Power Virtual Servers

    Red Hat’s OpenShift Platform Released on IBM Power Virtual Servers

    Amazon Web Services (AWS) Expands into Adelaide, South Australia

    Amazon Web Services (AWS) Expands into Adelaide, South Australia

    Veeam Software Extends Google Cloud Partnership

    Veeam Backup for Google Cloud Platform: Veeam Software Extends Google Cloud Partnership

    Google Launches VM Manager, An Infrastructure Management Tools Suite

    Google Launches VM Manager, An Infrastructure Management Tools Suite

    Trending Tags

    • Cloud
    • Private Cloud Hosting
    • Google Cloud Platform
    • Cloud Hosting
    • Google Cloud
  • Network/Internet
    Brave Browser Becomes the First Browser to Integrate IPFS Protocol

    Brave Browser Becomes the First Browser to Integrate IPFS Protocol

    ICANN70 to be Held Online on 22-25 March

    ICANN70 to be Held Online on 22-25 March

    OneWeb Plans to Offer High-Speed Internet in India by Q2 2022

    OneWeb Plans to Offer High-Speed Internet in India by Q2 2022

    Cloudflare and Apple Team Up to Develop New Internet Protocol

    Cloudflare and Apple Team Up to Develop New Internet Protocol

    ZenFi Networks Extends Network Capabilities

    ZenFi Networks Extends Network Capabilities

    Spark and NNNCo agree to trans-Tasman IoT network sharing

    Spark and NNNCo agree to trans-Tasman IoT network sharing

    Trending Tags

    • network security
    • 5G Network
    • Network OS
    • 5G Network Solution
    • Dark Fiber Network
  • Security
    Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

    Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

    Subscribe to our newsletter for the latest security news right from the security and research industries.

    Microsoft Announced SolarWinds Hackers Downloaded Some Azure, Exchange Source Code

    Microsoft Azure and Canonical Ubuntu Linux Have a User Privacy Issue

    Microsoft Azure and Canonical Ubuntu Linux Have a User Privacy Issue

    Chrome Sync Feature Exploited

    Hackers May Use Malicious Chrome Sync Feature to Steal Your Data

    Google Fixes Zero-day Vulnerability in Chrome 88.0.4324.150

    Google Fixes Zero-day Vulnerability in Chrome 88.0.4324.150

    RiskIQ Releases a Tool That Can Create Phishing Pages In Real-Time

    RiskIQ Releases a Tool That Can Create Phishing Pages In Real-Time

    Trending Tags

    • cybersecurity
    • Cloud Security
    • network security
    • WordPress Security
    • Secure Colocation Facility
  • Linux
    Ubuntu 20.04.2 LTS Re-Released

    Ubuntu 20.04.2 LTS Re-Released Due to OEM Install Bug

    Linux Kernel 5.11

    Linus Torvalds Declares First Linux Kernel 5.11 Release Candidate (RC)

    Major Linux Kernel Update Released to Fix 14 Vulnerabilities

    Major Linux Kernel Update Released to Fix 14 Vulnerabilities

    Linux Kernel 5.8

    Linux Kernel 5.8 Reaches EOL, Users Advised to Upgrade to Linux 5.9 Series

    Oracle Linux 7.9

    Oracle Linux 7.9 Update: Oracle Releases Oracle Linux 7.9

    Red Hat Enterprise Linux 8.3 beta now available

    Red Hat Enterprise Linux 8.3 beta now available

    Trending Tags

    • Linux Kernel
    • Linux Torvalds
    • Oracle Linux latest news
    • Oracle Linux latest update
  • More
    • Big Data
    • Blockchain
    • Games
    • Hardware
    • Software
    • Windows
    • Press Release
No Result
View All Result
Cloud Host News
  • Home
  • Hosting
    NetApp Becomes Technology Partner of DHPA

    NetApp Becomes Technology Partner of DHPA

    Managed WordPress Hosting Provider DreamHost Partners with Lendio

    DreamHost, a Managed WordPress Hosting Provider Partners with Lendio

    The Events Calendar

    Liquid Web Acquires ‘The Events Calendar’ a Popular WordPress Plugin

    HostPapa acquires another Canadian web hosting company

    HostPapa acquires another Canadian web hosting company

    Web.com releases new lineup of Pro Services(Pro SEO and Pro Website)

    Web.com releases new lineup of Pro Services(Pro SEO and Pro Website)

    Loopia Picks EcoDataCenter From Sweden for Sustainable Data Center Services.

    Loopia Picks EcoDataCenter From Sweden for Sustainable Data Center Services.

    Trending Tags

    • Hosting
    • A2 Hosting
    • web hosting
    • Cloud Hosting
    • free hosting
    • DreamHost
  • Cloud
    Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

    Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

    Bitcoin Plummeted $8000 After Elon Musk's Concerns Over Rally

    Bitcoin Plummeted $8000 After Elon Musk’s Concerns Over Rally

    Red Hat's OpenShift Platform Released on IBM Power Virtual Servers

    Red Hat’s OpenShift Platform Released on IBM Power Virtual Servers

    Amazon Web Services (AWS) Expands into Adelaide, South Australia

    Amazon Web Services (AWS) Expands into Adelaide, South Australia

    Veeam Software Extends Google Cloud Partnership

    Veeam Backup for Google Cloud Platform: Veeam Software Extends Google Cloud Partnership

    Google Launches VM Manager, An Infrastructure Management Tools Suite

    Google Launches VM Manager, An Infrastructure Management Tools Suite

    Trending Tags

    • Cloud
    • Private Cloud Hosting
    • Google Cloud Platform
    • Cloud Hosting
    • Google Cloud
  • Network/Internet
    Brave Browser Becomes the First Browser to Integrate IPFS Protocol

    Brave Browser Becomes the First Browser to Integrate IPFS Protocol

    ICANN70 to be Held Online on 22-25 March

    ICANN70 to be Held Online on 22-25 March

    OneWeb Plans to Offer High-Speed Internet in India by Q2 2022

    OneWeb Plans to Offer High-Speed Internet in India by Q2 2022

    Cloudflare and Apple Team Up to Develop New Internet Protocol

    Cloudflare and Apple Team Up to Develop New Internet Protocol

    ZenFi Networks Extends Network Capabilities

    ZenFi Networks Extends Network Capabilities

    Spark and NNNCo agree to trans-Tasman IoT network sharing

    Spark and NNNCo agree to trans-Tasman IoT network sharing

    Trending Tags

    • network security
    • 5G Network
    • Network OS
    • 5G Network Solution
    • Dark Fiber Network
  • Security
    Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

    Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

    Subscribe to our newsletter for the latest security news right from the security and research industries.

    Microsoft Announced SolarWinds Hackers Downloaded Some Azure, Exchange Source Code

    Microsoft Azure and Canonical Ubuntu Linux Have a User Privacy Issue

    Microsoft Azure and Canonical Ubuntu Linux Have a User Privacy Issue

    Chrome Sync Feature Exploited

    Hackers May Use Malicious Chrome Sync Feature to Steal Your Data

    Google Fixes Zero-day Vulnerability in Chrome 88.0.4324.150

    Google Fixes Zero-day Vulnerability in Chrome 88.0.4324.150

    RiskIQ Releases a Tool That Can Create Phishing Pages In Real-Time

    RiskIQ Releases a Tool That Can Create Phishing Pages In Real-Time

    Trending Tags

    • cybersecurity
    • Cloud Security
    • network security
    • WordPress Security
    • Secure Colocation Facility
  • Linux
    Ubuntu 20.04.2 LTS Re-Released

    Ubuntu 20.04.2 LTS Re-Released Due to OEM Install Bug

    Linux Kernel 5.11

    Linus Torvalds Declares First Linux Kernel 5.11 Release Candidate (RC)

    Major Linux Kernel Update Released to Fix 14 Vulnerabilities

    Major Linux Kernel Update Released to Fix 14 Vulnerabilities

    Linux Kernel 5.8

    Linux Kernel 5.8 Reaches EOL, Users Advised to Upgrade to Linux 5.9 Series

    Oracle Linux 7.9

    Oracle Linux 7.9 Update: Oracle Releases Oracle Linux 7.9

    Red Hat Enterprise Linux 8.3 beta now available

    Red Hat Enterprise Linux 8.3 beta now available

    Trending Tags

    • Linux Kernel
    • Linux Torvalds
    • Oracle Linux latest news
    • Oracle Linux latest update
  • More
    • Big Data
    • Blockchain
    • Games
    • Hardware
    • Software
    • Windows
    • Press Release
No Result
View All Result
Cloud Host News
No Result
View All Result
Home Data Centers

Rackspace, a Data Center Hosting Operator Beats Wall Street’s Q3 Revenue

Sienna Rowley by Sienna Rowley
November 11, 2020
in Data Centers
0 0
0
Rackspace, a Data Center Hosting Operator Beats Wall Street's Q3 Revenue

Rackspace, a data center hosting operator beat Wall Street’s income and profit expectations with its Q3 report, and increased its year outlook, referring to an assuring multi-cloud market.

Shares of datacenter hosting operator Rackspace Technology dipped lightly in late trading, following the company Tuesday afternoon beat expectations for revenue and profit in the 3rd quarter, and increased its forecast for year revenue growth, crediting activity in the market for various cloud-computing services.

Rackspace CEO Kevin Jones stated that the quarter displayed consistent strong performance and execution as they resume to capitalize on the $400 billion multicloud market opportunity.

Mr. Jones further stated as the multicloud adoption continues to boost all across the globe, Rackspace technology would be there to capitalize on the possibility.

In the last three months ending in September, RingCentral’s revenue raised 13%, year over year, to $682 million, yielding EPS of 19 cents, excluding a few costs.

That was way better than the average Wall Street forecast for $670 million and 18 cents per share. It was likewise in line with the company’s individual projection for $681 million to $683 million in revenue and 17 cents to 18 cents non-GAAP EPS.

For the entire year, the company views revenue growing by 10% to 11%, which is higher than the previous projection for 9% to 10% growth.

The firm is presently forecasting Ebitda for the year of $758 million to $762 million, up from an earlier projection for $756 million to $760 million.

This quarter’s upside wonder to outcomes differs with a slightly in-line quarter in Q2.

Rackspace shares increased at the start but then decreased by 2.7% in late trading to $17.15.

Want to read More About Data Centers News? Sign up for our newsletter for the latest update.

Download Nulled WordPress Themes
Free Download WordPress Themes
Download WordPress Themes Free
Free Download WordPress Themes
free download udemy paid course
download micromax firmware
Download Premium WordPress Themes Free
free download udemy course

Oh hi, there 👋 It’s nice to meet you.

Sign up to receive daily news update in your inbox.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Tags: Data CenterEbitdanon-GAAP EPSRackspaceRackspace TechnologyRingCentralWall Street
ShareTweetShare
Previous Post

Adobe To Acquire Marketing Software Firm Workfront For $1.5B

Next Post

Google Patches Two More Chrome Zero-Day Vulnerabilities

Sienna Rowley

Sienna Rowley

Sienna is an editor at Cloud Host News. She is an internet enthusiast, always eager to explore the latest trend in the tech space. In her free time, she is a modest family woman who loves traveling.

Related Posts

Microsoft To Establish First Data Center Region in Indonesia
Data Centers

Microsoft To Establish First Data Center Region in Indonesia

February 25, 2021
Telia Carrier Expands Network in The Netherlands, Adds PoP in Rotterdam
Data Centers

Telia Carrier Expands Network in The Netherlands, Adds PoP in Rotterdam

February 17, 2021
SSE Declared Extending of Network in Scotland
Data Centers

SSE Declared Extending of Network in Scotland

December 24, 2020
Lenovo Unveils 4 New Data Management Solutions
Data Centers

Lenovo Unveils 4 New Data Management Solutions

December 7, 2020
Equinix To Invest $55M On Third Data Center In Osaka, Japan
Data Centers

Equinix To Invest $55M On Third Data Center In Osaka, Japan

November 26, 2020
Huawei Plans to Invest $23 Million In New Thailand Data Center
Data Centers

Huawei Plans to Invest $23 Million In New Thailand Data Center

November 13, 2020
Microsoft Office 365 outage
Data Centers

Microsoft Office 365 outage again, Microsoft Outlook down

October 8, 2020
Bandwidth IG Extends its Dark Fiber Network in Douglas County
Data Centers

Bandwidth IG Extends its Dark Fiber Network in Douglas County

October 5, 2020
Load More
Next Post
Google Patches Two More Chrome Zero-Day Vulnerabilities

Google Patches Two More Chrome Zero-Day Vulnerabilities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

cheap linux hostingcheap linux hostingcheap linux hosting
ADVERTISEMENT

Follow Us

Trending News

Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

Chrome Will Soon Try HTTPS First When You Type an Incomplete URL

February 27, 2021
Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

Salesforce Beats Q4 Estimates, Slack Adds Record Number of Paid Customers

February 26, 2021
Microsoft To Establish First Data Center Region in Indonesia

Microsoft To Establish First Data Center Region in Indonesia

February 25, 2021
Super Micro Computer Advancing on New Multi-Node GPU Solution

Super Micro Computer Advancing on New Multi-Node GPU Solution

February 24, 2021
Bitcoin Plummeted $8000 After Elon Musk's Concerns Over Rally

Bitcoin Plummeted $8000 After Elon Musk’s Concerns Over Rally

February 23, 2021
Cloud Host News

Find the best web hosting news, articles, reviews, tutorials, solution and latest videos related to cloud computing , hosting, security, Linux, domain & more.

Categories

  • Blockchain
  • Cloud
  • Data Centers
  • Games
  • Hardware
  • Hosting
  • Linux
  • Network/Internet
  • Press Release
  • Security
  • Software
  • Windows

Search

No Result
View All Result

Pages

  • About Us
  • Contact Us
  • Deals & Coupons
  • Home
  • Privacy Policy
  • Terms & Conditions

© 2020 Cloudhostnews - Technology News Updates Cloudhostnews. Privacy Policy & Terms & Conditions

No Result
View All Result
  • Home
  • Hosting
  • Cloud
  • Network/Internet
  • Security
  • Linux
  • More
    • Big Data
    • Blockchain
    • Games
    • Hardware
    • Software
    • Windows
    • Press Release

© 2020 Cloudhostnews - Technology News Updates Cloudhostnews. Privacy Policy & Terms & Conditions

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In