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Rackspace posts sharply higher profit
2015-02-18 09:04:13| Telecom - Topix.net
Cloud-computing company Rackspace Hosting Inc. posted a 77.5% increase in fourth-quarter profit but predicts first-quarter revenue below Wall Street estimates as currency issues restrain its growth rate. The company predicts growth of 2% to 3.5% on a constant-currency basis, and expects a currency "headwind" of 100 basis points.
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Category:Telecommunications