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Rackspace Hosting (RAX) Stock Falls in After-Hours Trading on Revenue Miss

2015-05-12 02:05:56| Telecom - Topix.net

Rackspace reported revenue of $480.2 million for the first quarter, up 14.1% from the year-ago quarter, but below analysts' estimates of $481.57 million. The company reported earnings of 20 cents a share for the quarter, in line with analysts' estimates for the quarter.

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