back to article Rackspace beats The Street with strong Q3

Rackspace topped analyst expectations for Q3, pulling in $509m revenue, up 10.7 on same time last year and net income of $37m or 26c a share. Consensus analyst forecasts were 20c a share. Net margin was 7.2 per cent, up from 5.6 per cent in Q3, 2014. Shares climbed 8.3 per cent in after hours trading. For the full year …

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