Rackspace Technology (RXT) stock price, chart and financials
Price chart
Financials
- Revenue (quarter)
- $670.1M
- Gross margin
- 17.92%
- Net income (quarter)
- −$67.5M
- Net margin
- −5.88%
- Book value per share
- −$5.09
- Debt to assets
- 146.67%
Company profile
Rackspace Technology Inc is an end-to-end, hybrid, multi-cloud technology services company. It designs, builds, and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services, Data, Colocation, Cloud, Managed Hosting, Professional Services, and Security and Compliance. It has two reportable segments: Private Cloud and Public Cloud. Maximum revenue is generated from the Public Cloud segment, which offers cloud solutions through managed services, elastic engineering, and professional services offerings for customer environments hosted on the AWS, Microsoft Azure, and Google Cloud public cloud platforms. Geographically, the company derives its key revenue from the U.S.
Frequently asked questions
Is Rackspace Technology (RXT) profitable?
No. Rackspace Technology reported a net loss of $159.0M over the trailing twelve months.
How much revenue does Rackspace Technology (RXT) make?
Rackspace Technology generated $2.7B in revenue over the trailing twelve months, up 0.57% year over year.
How do I buy stock in Rackspace Technology (RXT)?
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