earnings
confidence high
sentiment neutral
materiality 0.65
Rackspace Q2 revenue $666M (-3% YoY); non-GAAP op profit +34%, GAAP net loss $55M
Rackspace Technology, Inc.
2025-Q2 EPS reported
-$0.54
revenue$1,331,700,000
- Revenue $666M, down 3% YoY; Private Cloud $250M (-4%), Public Cloud $417M (-2%)
- GAAP net loss $(55)M ($(0.23)/diluted) vs net income $25M ($0.11) in Q2 2024
- Non-GAAP operating profit $27M, up 34% YoY; Non-GAAP loss per share $(0.06) vs $(0.09)
- Cash flow from operations $8M in Q2, $127M trailing twelve months
- Bookings grew 16% YoY; CEO says revenue and op profit exceeded midpoint of guidance