For the quarter ended March 31, 2011: Net revenue of $230.0 million grew 28.6% year-over-year and 7.1% from Q4 2010 Adjusted EBITDA (1) of $75.9 million grew 27.8% year-over-year and 5.4% from Q4 2010 Net income of $13.8 million grew 40.9% year-over-year and 2.1% from Q4 2010 SAN ANTONIO – May 9, 2011 – Rackspace® [...]
For the quarter ended December 31, 2010:
* Net revenue of $214.7 million grew 26.7% year-over-year and 7.5% from Q3 2010
* Adjusted EBITDA (1) of $72.0 million grew 28.7% year-over-year and 5.2% from Q3 2010
* Achieved adjusted EBITDA margin of 33.5%, up from 33.0% year-over-year and down from 34.3% in Q3 2010
* Net income of $13.5 million grew 49.9% year-over-year and 14.6% from Q3 2010
* Generated $5.6 million of Adjusted Free Cash Flow for the quarter and $34.2 million for the 2010 year
Rackspace® Hosting, Inc. (NYSE: RAX), the world's leading specialist in the hosting and cloud computing industry, will announce its fourth quarter 2010 financial results on Thursday, February 10, 2011, after the close of the financial markets.
For the quarter ended September 30, 2010:
• Net revenue of $199.7 million grew 23.0% year-over-year and 6.6% from Q2 2010
• Adjusted EBITDA (1) of $68.5 million grew 33.2% year-over-year and 10.1% from Q2 2010
• Achieved adjusted EBITDA margin of 34.3%, up from 31.7% year-over-year and 33.2% in Q2 2010
• Net income of $11.8 million grew 55.3% year-over-year and 5.5% from Q2 2010
• Generated $11.7 million of Adjusted Free Cash Flow for the quarter and $28.6 million for the first nine months of 2010
