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Rackspace revenue misses as web hosting growth slows

2013-02-13 14:16:00| Telecom - Topix.net

Rackspace revenue misses as web hosting growth slows - - Web hosting company Rackspace Hosting Inc reported a 25 percent rise in quarterly revenue that narrowly missed analysts' estimates, sending its shares down nearly 10 percent in extended trading on concerns that growth is slowing.

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