RXT Q2 2020 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$475M

Q2 2020 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$657M+9.0% YoY

Gross Profit

$242M36.8% margin

Operating Income

$23M3.5% margin

Net Income

-$33M-5.0% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$42M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.3B

Total Liabilities

$5.5B

Stockholders' Equity

$769M

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$657M	$602M	+9.0%
Gross Profit	$242M	$252M	-4.0%
Operating Income	$23M	$26M	-11.3%
Net Income	-$33M	$63M	-152.2%

Revenue Segments

Multi-Cloud Services Segment

$519M79%

Apps & Cross Platform Segment

$80M12%

OpenStack Public Cloud Segment

$58M9%