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Rackspace beats by $0.06, beats on revs; guides Q4:
- Reports Q3 (Sep) earnings of $0.26 per share, $0.06 better than the Capital IQ Consensus of $0.20; revenues rose 10.7% year/year to $508.9 mln vs the $503.06 mln Capital IQ Consensus; adj. EBITDA margin 34.9%.
- For Q4, Rackspace expects revenue to grow between 2-3% quarter-over-quarter, on a constant currency basis (as reported consensus including FX +1.7% QoQ), and expects Adjusted EBITDA margins to be between 33-34%.
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