Rackspace Q2 Profit Reaches $25M

Rackspace hosting reports second quarter 2012 results

August 7, 2012

1 Min Read

SAN ANTONIO -- Rackspace® Hosting, Inc. (NYSE: RAX), the open cloud company, announced financial results for the quarter ended June 30, 2012.

Net revenue for the second quarter of 2012 was $319 million, up 5.9% from the previous quarter and 29% from the second quarter of 2011. Net revenue for the second quarter of 2012 was negatively impacted by currency exchange rates when compared to the second quarter of 2011 by $2.3 million and positively impacted compared to the previous quarter by $0.6 million.

Total server count increased to 84,978 up from 82,438 servers at the end of the previous quarter, and total customers increased to 190,958, up from 180,866 at the end of the previous quarter.

Rackspace

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