RXT Q3 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$732M-7.0% YoY

Gross Profit

$152M20.8% margin

Operating Income

-$239M-32.7% margin

Net Income

-$227M-30.9% margin

EPS (Diluted)

$-1.05

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$267M

Free Cash Flow

$239M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$4.5B

Stockholders' Equity

-$183M

Cash & Equivalents

$278M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$732M	$788M	-7.0%
Gross Profit	$152M	$207M	-26.6%
Operating Income	-$239M	-$477M	+49.8%
Net Income	-$227M	-$512M	+55.7%