Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · IEX Real-Time Price · USD
2.910
-0.020 (-0.68%)
At close: Jul 2, 2024, 4:00 PM
2.784
-0.126 (-4.33%)
After-hours: Jul 2, 2024, 7:53 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
0.23
Revenue / Employee
$498,138
Employees
5,800
Market Cap
651.41M USD
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 2.96B | -165.20M | -5.29% |
Dec 31, 2022 | 3.12B | 112.80M | 3.75% |
Dec 31, 2021 | 3.01B | 302.40M | 11.17% |
Dec 31, 2020 | 2.71B | 269.00M | 11.03% |
Dec 31, 2019 | 2.44B | -14.70M | -0.60% |
Dec 31, 2018 | 2.45B | 308.10M | 14.37% |
Dec 31, 2017 | 2.14B | - | - |
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.
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RXT News
- 7 days ago - Rackspace Technology and Mendix Partnership Demonstrates Commitment to Leveraging Innovative Technologies to Transform Businesses and New Growth Opportunities for Customers - GlobeNewsWire
- 20 days ago - Rackspace Technology Recognized as a Leader in Frost Radar: Healthcare Enterprise Cloud Managed Services Providers, 2024 for Growth Potential and Innovation in Healthcare Enterprise - GlobeNewsWire
- 4 weeks ago - Rackspace Technology Enhances User Experience and Operational Performance for Sharestates through AWS Cloud Modernization - GlobeNewsWire
- 5 weeks ago - Rackspace Technology Cloud Solutions Transforms Video Content Management for Young Hollywood - GlobeNewsWire
- 5 weeks ago - Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas - GlobeNewsWire
- 6 weeks ago - Rackspace Technology Epic Infrastructure Managed Services Increases Seattle Children's Epic Electronic Health Record Availability - GlobeNewsWire
- 7 weeks ago - Rackspace Technology Reports First Quarter 2024 Results - GlobeNewsWire
- 2 months ago - Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024 - GlobeNewsWire