Rackspace Technology sees Q1 EPS (14c)-(12c), consensus (4c)

Sees Q1 revenue $680M-$690M, consensus $709.38M. Maletira added, “I’m excited to announce our successful debt refinancing amidst the highest rate environment seen in 20 years. Assuming full participation in the public exchange offer, we will have managed to reduce our net financial debt by over $900 million while securing an additional $575 million of new capital over the past 12 months, resulting in lower interest expenses and extended maturities, thereby enhancing our financial flexibility and improving liquidity.”