RXT Q4 2022 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q4 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$787M+1.2% YoY

Gross Profit

$200M25.4% margin

Operating Income

-$227M-28.9% margin

Net Income

-$214M-27.2% margin

EPS (Diluted)

$-1.01

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$13M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.8B

Stockholders' Equity

$630M

Cash & Equivalents

$228M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$787M	$777M	+1.2%
Gross Profit	$200M	$234M	-14.7%
Operating Income	-$227M	-$27M	-750.9%
Net Income	-$214M	-$83M	-158.1%

Revenue Segments

Multi-Cloud Services Segment

$652M83%

Apps & Cross Platform Segment

$101M13%

OpenStack Public Cloud Segment

$35M4%