earnings
confidence high
sentiment neutral
materiality 0.75
Rackspace Q4 revenue $686M (-5% YoY); net loss $(0.26) EPS; record bookings up 14%
Rackspace Technology, Inc.
2024-FY EPS reported
-$3.82
revenue$2,737,100,000
- Q4 revenue $686M (-5% YoY); FY24 revenue $2.74B (-7% YoY).
- Q4 net loss $(60)M vs net income $28M a year ago; GAAP EPS $(0.26).
- Non-GAAP operating profit $39M (-13% YoY); non-GAAP EPS $(0.02).
- Private Cloud revenue $269M (-6% YoY); Public Cloud $417M (-4% YoY).
- Record quarterly sales bookings; FY24 bookings grew 14% YoY; CEO cites exceeding guidance.