Rackspace Hosting Inc. (RAX) reported third quarter EPS of $0.18 after the close Monday, compared to $0.11 in the previous year. The consensus estimate was for EPS of $0.16. The stock is now up 1.08 on 388K shares.
Rackspace Hosting gapped open slightly lower Monday, but moved in a narrow range throughout the session. The stock closed down by 0.11 at $37.32.
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