Earnings Summary

Rackspace Technology, Inc.’s revenue fell -3.35% since last year same period to $746.3Mn in the Q2 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated -1.63% fall in its revenue since last 3-months.

Rackspace Technology, Inc.’s net profit jumped 33% since last year same period to $-27.2Mn in the Q2 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated 95.56% jump in its net profits since last 3-months.

Rackspace Technology, Inc.’s net profit margin jumped 30.68% since last year same period to -3.64% in the Q2 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated 95.48% jump in its net profit margins since last 3-months.

Rackspace Technology, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.05 - a -44.44% fall from last quarter’s estimates.

Rackspace Technology, Inc.’s earning per share (EPS) estimates for the current year stand at 0.05.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rackspace Technology, Inc.’s return on assets (ROA) stands at -0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rackspace Technology, Inc.’s return on equity (ROE) stands at -2.05.