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RXT Q1 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena
RXT
Rackspace Technology, Inc.
$480M
Q1 2023 Earnings
Technology
Software - Infrastructure
Income Statement
Revenue
$759M
-2.2% YoY
Gross Profit
$170M
22.4% 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%
← FY 2023
All Quarters
Q2 2023 →