earnings
confidence high
sentiment positive
materiality 0.65
Rackspace Q1 revenue $665M (-4% YoY) beats guidance; Non-GAAP op profit up 83%
Rackspace Technology, Inc.
2025-Q1 EPS reported
-$0.31
revenue$665,400,000
- Revenue $665M, down 4% YoY; at high end of guidance range.
- Net loss $(72)M ($(0.31)/diluted share) versus $(641)M ($(2.91)/share) a year ago.
- Non-GAAP operating profit $26M, up 83% YoY; Non-GAAP EPS $(0.06) improved 45%.
- Private Cloud revenue $250M (-7%); Public Cloud $416M (-2%); sales bookings +9%.
- Cash from operations $13M in Q1, $143M on trailing twelve months; capex $27M.