secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001810019-25-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace Q1 revenue $665M (-4% YoY) beats guidance; Non-GAAP op profit up 83%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000065/0001810019-25-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000065/rxt-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001810019-25-000065

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