RXT Q4 2023 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$720M-8.6% YoY

Gross Profit

$154M21.4% margin

Operating Income

-$15M-2.1% margin

Net Income

$28M3.9% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$38M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$4.3B

Stockholders' Equity

-$155M

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$720M	$787M	-8.6%
Gross Profit	$154M	$200M	-22.9%
Operating Income	-$15M	-$227M	+93.3%
Net Income	$28M	-$214M	+113.1%