Rackspace reports 2Q21 results; pushing forward amid transition challenges
Rackspace reported its 2Q21 results, which were again steady across the board. There has been a lot of noise around Rackspace in the wake of its restructuring plans and weaker bottom line results, but a lot of it is overreaction. Management continues to drive key metrics and is navigating a complicated shift in the business, while maintaining a long-term outlook.
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