{"schema_version":"secwatch.filing_event.v1","accession":"0001810019-24-000085","form_type":"8-K","ticker":"RXT","cik":"0001810019","company_name":"Rackspace Technology, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.251081+00:00","generated_at":"2026-06-02T06:44:58.992529+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rackspace Technology Q1 revenue $691M (-9% YoY); Non-GAAP operating profit down 68% to $16M","bullets":["Revenue $691M, down 9% YoY; Private Cloud $268M (-15%), Public Cloud $422M (-5%).","Loss from operations $(653)M includes $593M non-cash impairments; net loss per share $(2.48)-(2.94).","Non-GAAP operating profit $16M (down 68%); Non-GAAP loss per share $(0.11) vs $(0.02).","Q2 2024 guidance: revenue $668-678M, Non-GAAP op profit $20-22M, Non-GAAP EPS $(0.09)-(0.11).","Debt refinancing completed; cash $283M, no revolver drawn; operating cash flow $(90)M includes one-time refinancing fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001810019-24-000085","json":"https://secwatch.observer/filing/0001810019-24-000085.json","markdown":"https://secwatch.observer/filing/0001810019-24-000085.md","text":"https://secwatch.observer/filing/0001810019-24-000085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1810019/000181001924000085/0001810019-24-000085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1810019/000181001924000085/rxt-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:44:58.992529+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"599a8e840f2101dd21f76bc91effe658d699ea7d","claim":"Rackspace Technology, Inc. reported first quarter ended March 31, 2024 results: revenue $691 million.","evidence_excerpt":"filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Rackspace Technology Reports First Quarter 2024 Results • Revenue of $691 million in the First Quarter, down 9% Year-over-Year • Private Cloud Revenue was $268 million, down 15% Year-over-Year • Public Cloud Revenue was $422 million, down 5% Year-over-Year •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1810019/000181001924000085/0001810019-24-000085-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$691 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}