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May 12 2009

Rackspace posts 21% profit for first quarter

Posted by: Coreix in Uncategorized, tags: , , , , , , ,

Rackspace posts 21% profit for first quarter

Rackspace Hosting has announced its results for the first quarter of 2009. The San Antonio-based Web hosting company reported net income of US$6.6 million, up 21% from the same quarter a year ago.

Rackspace reported net revenues of US$145.1 million, up 21% from the same quarter a year ago. The depreciation of the pound sterling resulted in a negative impact of US$3.2 million on its revenue. The company gets 24% of its revenue generated in pounds from its operations in the United Kingdom.

Source: My San Antonio

This entry was posted on Tuesday, May 12th, 2009 at 10:05 AM and is filed under Uncategorized.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Rackspace posts 21% profit for first quarter”
  1. Jose Journeay says: April 17th, 2010 at 10:52 AM

    Thank you for you post, i was thinking about you the other day. I have just got interested in blogging and hopefully i am able to do so

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