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Calendar
RXT
Rackspace Technology, Inc.
$480M
Q2 2023 Earnings
Technology
Software - Infrastructure
Income Statement
Revenue
$746M
-3.4% YoY
Gross Profit
$153M
20.5% margin
Operating Income
-$64M
-8.5% margin
Net Income
-$27M
-3.6% margin
EPS (Diluted)
$-0.13
QoQ Revenue Growth
-1.6%
Cash Flow
Operating Cash Flow
$38M
Free Cash Flow
$14M
Stock-Based Comp.
$20M
Balance Sheet
Total Assets
$4.7B
Total Liabilities
$4.6B
Stockholders' Equity
$32M
Cash & Equivalents
$160M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$746M
$772M
-3.4%
Gross Profit
$153M
$224M
-31.7%
Operating Income
-$64M
$4M
-1695.0%
Net Income
-$27M
-$41M
+33.0%
← FY 2023
All Quarters
Q3 2023 →
RXT Q2 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena