Facebook Frenzy Continues: Tech Weekly
The cloud computing-hosting company reported earnings of 17 cents a share on $301 million in revenue. Wall Street analysts polled by Thomson Reuters were looking for earnings of 18 cents a share on $300.53 million in revenue. Rackspace said its total server count increased to 82,438, up from 79,805 in the prior quarter and total customers climbed to 180,866.
Shares plunged 10.3% this week to $52.36.
That's certainly something which may receive a few "likes" and comments.
Enjoy the weekend everyone.
Interested in more on salesforce.com? See TheStreet Ratings' report card for this stock.
-- Written by Chris Ciaccia in New York
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