secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001810019-25-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace Q4 revenue $686M (-5% YoY); net loss $(0.26) EPS; record bookings up 14%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000013/0001810019-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000013/rxt-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001810019-25-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer