secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001810019-25-000107
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace Q2 revenue $666M (-3% YoY); non-GAAP op profit +34%, GAAP net loss $55M
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- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000107/0001810019-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000107/rxt-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001810019-25-000107

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