Rackspace Technology (RXT) Tops Q4 EPS by 1c; Guides for Q1

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Go back to Rackspace Technology (RXT) Tops Q4 EPS by 1c; Guides for Q1

Rackspace Technology Reports Fourth Quarter and Full Year 2022 Results

February 22, 2023 4:10 PM EST

Fourth Quarter Revenue of $787 million, up 1% Year-over-Year; 2022 Revenue of $3,122 million, up 4% Year-over-YearFourth Quarter Core Revenue of $752 million, up 2% Year-over-Year; 2022 Core Revenue of $2,972 million, up 5% Year-over-YearFourth Quarter Cash Flow From Operating Activities of $40 million; 2022 Cash Flow From Operating Activities of $259 million

SAN ANTONIO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its fourth quarter and year ended December 31, 2022.

Amar Maletira, Chief Executive Officer, stated, We delivered fourth quarter revenue and profit... More