RXT Q1 2021 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q1 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$726M+11.2% YoY

Gross Profit

$235M32.4% margin

Operating Income

$24M3.3% margin

Net Income

-$64M-8.8% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$103M

Free Cash Flow

$66M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$726M	$653M	+11.2%
Gross Profit	$235M	$249M	-5.6%
Operating Income	$24M	$22M	+12.6%
Net Income	-$64M	-$48M	-32.8%

Revenue Segments

Multi-Cloud Services Segment

$580M80%

Apps & Cross Platform Segment

$97M13%

OpenStack Public Cloud Segment

$49M7%