Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · IEX Real-Time Price · USD
1.740
+0.010 (0.58%)
At close: May 2, 2024, 4:00 PM
1.701
-0.039 (-2.24%)
After-hours: May 2, 2024, 5:33 PM EDT
Rackspace Technology Revenue
In the year 2023, Rackspace Technology had annual revenue of $2.96B, a decrease of -5.29%. Revenue in the quarter ending December 31, 2023 was $719.70M, a -8.55% decrease year-over-year.
Revenue (ttm)
$2.96B
Revenue Growth
-5.29%
P/S Ratio
0.13
Revenue / Employee
$509,845
Employees
5,800
Market Cap
382.37M 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
- 8 days ago - Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024 - GlobeNewsWire
- 9 days ago - Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio - GlobeNewsWire
- 20 days ago - Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 - GlobeNewsWire
- 25 days ago - GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies - GlobeNewsWire
- 4 weeks ago - Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships - GlobeNewsWire
- 4 weeks ago - Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 - GlobeNewsWire
- 5 weeks ago - Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 - GlobeNewsWire
- 5 weeks ago - Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services - GlobeNewsWire