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Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · IEX Real-Time Price · USD
2.120
-0.030 (-1.40%)
At close: May 17, 2024, 4:00 PM
2.090
-0.030 (-1.42%)
After-hours: May 17, 2024, 6:19 PM EDT

Rackspace Technology Revenue

Rackspace Technology had revenue of $2.89B in the twelve months ending March 31, 2024, down -6.97% year-over-year. Revenue in the quarter ending March 31, 2024 was $690.80M, a -8.95% decrease year-over-year. In the year 2023, Rackspace Technology had annual revenue of $2.96B, a decrease of -5.29%.

Revenue (ttm)
$2.89B
Revenue Growth
-6.97%
P/S Ratio
0.16
Revenue / Employee
$498,138
Employees
5,800
Market Cap
474.09M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 20232.96B-165.20M-5.29%
Dec 31, 20223.12B112.80M3.75%
Dec 31, 20213.01B302.40M11.17%
Dec 31, 20202.71B269.00M11.03%
Dec 31, 20192.44B-14.70M-0.60%
Dec 31, 20182.45B308.10M14.37%
Dec 31, 20172.14B--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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