Rackspace cuts FY26 revenue view to $2.45B-$2.55B from $2.6B-$2.7B
Consensus $2.65B. Cuts FY26 revenue view to $285M-$295M from $305M-$315M. Lower near-term adjusted EBITDA margins reflect upfront growth investment and restructuring, ahead of AI revenue ramping. "The best-of-breed partnerships we have signed during 2026 - with AMD, Palantir, Rubrik, Uniphore and VMware by Broadcom - c