Web Hosting Provider Rackspace Announces 1Q Financial Results (TopHosts.com)
June 29, 2007 - Rackspace® Managed Hosting today announced its first quarter results for 2007. The company’s revenue was $75.2 million in the first quarter of 2007, representing a 64.4 percent increase over the first quarter of 2006. Rackspace also reported positive net income for the first quarter of 2007 and has experienced 33 consecutive quarters of revenue growth since the company’s inception.
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