Scalper1 News
Rackspace Hosting’s (RAX) profit margins are improving as its investments slow and a new open-source software platform gains traction with corporate customers, analysts say. Rackspace also has diversified by supporting multiple cloud computing platforms, which could provide revenue upside in 2015, say analysts. The company late Tuesday posted a Q4 earnings beat, but its revenue fell just short, as did its revenue outlook, hurt by the strong Scalper1 News
Scalper1 News