Rackspace Technology (RXT) Tops Q4 EPS by 1c, Offers Guidance

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Go back to Rackspace Technology (RXT) Tops Q4 EPS by 1c, Offers Guidance

Rackspace Technology Reports Fourth Quarter and Full Year 2021 Results; Record Quarterly New Sales Bookings of $329 Million

February 22, 2022 4:00 PM EST

Fourth Quarter Revenue of $777 million, up 9% Year-over-Year; 2021 Revenue of $3,010 million, up 11% Year-over-YearFourth Quarter Core Revenue of $734 million, up 11% Year-over-Year; 2021 Core Revenue of $2,827 million, up 14% Year-over-YearRecord Fourth Quarter Bookings of $329 million, an increase of 12% Year-over-Year; 2021 Bookings of $1,031 million, a decrease of 8% Year-over-YearFourth Quarter Net loss of $(83) million, or $(0.39) per diluted share; 2021 Net loss of $(218) million, or $(1.05) per diluted shareFourth Quarter Non-GAAP Earnings Per Share of $0.25, down 4% Year-over-Year; 2021 Non-GAAP Earnings Per Share of $0.97, up 17% Year-over-YearFourth Quarter Cash Flow From Operations of $60 million; 2021 Cash Flow From Operations of $371 million

SAN ANTONIO, Feb.... More