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Revenue, Profits Up at Rackspace

Carrier Hotels Staff Posted Feb 19, 2004

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SAN ANTONIO - Rackspace Managed Hosting achieved strong company growth in 2003 with revenue increasing 48 percent and profits before taxes growing 134 percent over 2002. Leading the managed hosting industry's resurgence, Rackspace finished the year with a record fourth quarter, growing 13 percent sequentially and delivering an annualized revenue run rate of $70 million. Read the full release ...