RXT Q3 2024 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$676M-7.7% YoY

Gross Profit

$138M20.3% margin

Operating Income

-$174M-25.7% margin

Net Income

-$187M-27.6% margin

EPS (Diluted)

$-0.82

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$27M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$4.1B

Stockholders' Equity

-$950M

Cash & Equivalents

$157M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$676M	$732M	-7.7%
Gross Profit	$138M	$152M	-9.5%
Operating Income	-$174M	-$239M	+27.4%
Net Income	-$187M	-$227M	+17.7%