---
schema_version: "secwatch.filing_event.v1"
accession: "0001810019-24-000127"
form_type: "8-K"
ticker: "RXT"
cik: "0001810019"
company_name: "Rackspace Technology, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:09:34.320214+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rackspace Q2 revenue $685M (-8% YoY); GAAP EPS $0.11, Non-GAAP loss $(0.08)

## Summary
- Revenue $685M, down 8% YoY; Private Cloud $260M (-17%), Public Cloud $425M (-2%).
- GAAP net income $25M ($0.11 diluted EPS) vs net loss $(27M) ($(0.13) loss/share) a year ago.
- Non-GAAP operating profit $23M, down 42% from $39M; Non-GAAP loss per share $(0.08) vs $(0.06).
- Cash from operations $24M in Q2, $273M TTM; capex $33M; cash $190M, no revolver drawn.
- Q3 guidance: revenue $668-680M; Non-GAAP Op profit $29-31M; Non-GAAP loss/share $(0.06)-(0.08).

## SEC filing metadata
- accession: 0001810019-24-000127
- form_type: 8-K
- ticker: RXT
- cik: 0001810019
- company_name: Rackspace Technology, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000127/0001810019-24-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000127/rxt-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001810019-24-000127
- JSON: https://secwatch.observer/filing/0001810019-24-000127.json
- Plain text: https://secwatch.observer/filing/0001810019-24-000127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.