RXT Q1 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$759M-2.2% YoY

Gross Profit

$170M22.4% margin

Operating Income

-$581M-76.6% margin

Net Income

-$612M-80.7% margin

EPS (Diluted)

$-2.87

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$14M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$4.7B

Stockholders' Equity

$24M

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$759M	$776M	-2.2%
Gross Profit	$170M	$226M	-25.0%
Operating Income	-$581M	$21M	-2879.9%
Net Income	-$612M	-$39M	-1489.6%