RXT Q3 2020 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$475M

Q3 2020 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$682M+13.3% YoY

Gross Profit

$246M36.1% margin

Operating Income

-$15M-2.2% margin

Net Income

-$101M-14.8% margin

EPS (Diluted)

$-0.54

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$3M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$253M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$682M	$602M	+13.3%
Gross Profit	$246M	$254M	-3.2%
Operating Income	-$15M	$32M	-145.8%
Net Income	-$101M	-$61M	-67.3%

Revenue Segments

Multi-Cloud Services Segment

$542M80%

Apps & Cross Platform Segment

$84M12%

OpenStack Public Cloud Segment

$56M8%