MARKET COMPOSITE
RXT - Rackspace Technology Inc5:36:12 PM 4/25/2024
Price
$1.66
+ 0.03 (1.84%)
Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. The Apps & Cross Platform segment includes managed applications, managed security, and data services, as well as professional services related to designing and implementing application, security, and data services. The company serves automotive, digital agencies, education, energy, financial services, gaming, government, healthcare, manufacturing, media and entertainment, non-profit, retail, and public sectors. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue719.7MM-2%
Gross Profit154.1MM+1%
Cost Of Revenue565.6MM-3%
Operating Income-15.2MM-94%
Operating Expenses169.3MM-
Net Income28MM-112%
G&A165.5MM-7%
Interest Expense50.9MM-10%
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