RXTRackspace Technology, Inc.

$480M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$746M-3.4% YoY

Gross Profit

$153M20.5% 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%

RXT Q2 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena