Rackspace Net Revenue Reaches $319M in Q2, Hints at More Cloud Product Launches Soon

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August 8, 2012 — Cloud hosting provider Rackspace announced its Q2 2012 financial results in an earnings call on Tuesday afternoon. Rackspace net revenue for the second quarter ending on June 30, 2012 was $ 319 million, a 5.9 percent increase from Q1 2012, and a 29 percent increase from Q2 2011.

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