Rackspace Hosting has reported better than expected

Rackspace Hosting has reported better than expected

Company Rackspace Hosting, one of the world's largest Internet hosting providers and operators of cloud services, today reported quarterly results better than expected market amid increasing profitability of hosting services. After the publication of quarterly securities Rackspace increased in price by 11%. company also reported that the average revenue in terms of the server in the quarter rose 2.2% to 1298 dollars.

 Total in the quarter Rackspace park filled with 4762 servers, and the total number rose to 98,884 vehicles. Net income fell to 22.4 million, or 16 cents a share, from 25.1 million dollars, or 18 cents a share. At the same time, the company's revenue increased by 13% to 376 million dollars. Analysts expected 13 cents per share and 372.3 million dollars in revenue.