SAN ANTONIO, May 16, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, today announced Seattle Children's successfully implemented an Epic Electronic Health Records (EHR) system leveraging Rackspace's Healthcare Cloud solution. After an extensive evaluation of private and public cloud service providers, the organization chose Rackspace to manage the migration and provide fully managed private cloud infrastructure service ...

SAN ANTONIO, May 16, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, today announced Seattle Children's successfully implemented an Epic Electronic Health Records (EHR) system leveraging Rackspace's Healthcare Cloud solution. After an extensive evaluation of private and public cloud service providers, the organization chose Rackspace to manage the migration and provide fully managed private cloud infrastructure servic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-39420 RACKSPACE TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 81-3369925 (St ...

财务数据和关键指标变化 - 第一季度GAAP收入为6.91亿美元,超出了指引的上限 [36] - 第一季度非GAAP净收入为3.84亿美元,环比下降7%,主要是由于私有云和公有云业务的下降 [37] - 非GAAP毛利率为20.4%,非GAAP净收入的36.7% [38] - 非GAAP营业利润为1600万美元,超出了指引的上限,主要由于收入略有好于预期以及成本效率的提高 [38] - 非GAAP每股亏损为0.11美元,优于指引范围 [39] - 经营活动现金流为负9000万美元,自由现金流为负1.18亿美元,主要由于季节性因素和一次性支出 [40] 各条业务线数据和关键指标变化 私有云业务 - 第一季度GAAP收入为2.68亿美元,位于指引下限 [42] - 收入环比下降6%,主要由于客户从旧一代私有云产品转移 [42] - 毛利率为39%,环比上升1个百分点,主要由于成本效率提高和资产利用率改善 [42] - 营业利润率为26.7%,基本持平 [42] 公有云业务 - 第一季度GAAP收入为4.22亿美元,超出了指引的上限,环比下降3% [43] - 基础设施收入和服务收入均有下降 [43][44] - 毛利率为31.5%,环比下降9个百分点,主要由于收入下降、季节性福利成本上升以及服务利用率下降 [44] - 营业利润率为8%,环比下降13个百分点 [45] 公司战略和发展方向及行业竞争 - 公司正在实施运营改善、重塑公司为前瞻性的混合多云和AI解决方案公司,以及优化资本结构等三大战略重点 [11][12] - 公有云业务的重点是以服务为导向,提供全栈多云解决方案,包括平台、应用、数据和安全 [26][27] - 公司正在开发新的AI相关产品和服务,如Private AI Anywhere和AI Business,并与AI生态系统广泛合作 [30][31][32] - 公司正在主动退出一些低利润的基础设施转售业务,以提高整体利润率 [26][27][28] - 公司在医疗行业的私有云业务表现出色,赢得了多个大型医疗客户,包括Epic电子病历系统的实施 [15][16][17][18] 管理层对经营环境和未来前景的评论 - 尽管整体市场仍然谨慎,但公司在公有云、私有云和AI领域的机会良好 [14] - 公司有信心在2024年实现稳定的收入和利润增长,为2025年进入盈利增长轨道奠定基础 [34] - 公司预计第二季度收入、利润和每股亏损将环比有所改善 [52][53][54] - 公司预计下半年收入将稳定,利润将大幅提升,因为收入改善以及持续推进效率措施 [75][76] 问答环节重要的提问和回答 问题1 **Kevin McVeigh 提问** 公有云业务超预期的原因是什么?公司退出低利润基础设施转售业务的规模有多大? [59][60] **Amar Maletira 回答** 公有云业务超预期主要是由于基础设施转售业务量较高。公司正在主动退出这些低利润业务,这将有利于提高整体利润率 [61][62] 问题2 **Robert Majek 提问** 公司在哪些行业垂直领域获得了最大的进展?未来几个季度哪些领域会是重点? [65][66] **Amar Maletira 回答** 医疗行业是公司私有云业务的重点,Epic电子病历相关业务表现出色。公有云业务则在多个行业获得进展,尤其是在数据服务、咨询服务等领域 [70] 问题3 **Ramsey El-Assal 提问** 公司服务业务的增长动力是什么?对下半年的业绩有何信心? [73] **Amar Maletira 和 Mark Marino 回答** 公司在去年下半年重塑了销售团队,提升了服务能力,这带来了服务业务的增长。预计下半年收入将稳定,利润将大幅提升,因为收入改善以及持续推进效率措施 [74][75][76]

Exhibit 99.1 Rackspace Technology Reports First Quarter 2024 Results • Revenue of $691 million in the First Quarter, down 9% Year-over-Year • Private Cloud Revenue was $268 million, down 15% Year-over-Year • Public Cloud Revenue was $422 million, down 5% Year-over-Year • First Quarter 2024 Cash Flow Used in Operating Activities was $(90) million which includes certain one-time fees related to the debt refinancing; Cash Flow From Operating Activities was $287 million on a Trailing-Twelve-Month Basis SAN ANTO ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-39420 RACKSPACE TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 8 ...

Rackspace Technology, Inc. (NASDAQ:RXT) Q4 2023 Earnings Conference Call March 12, 2024 5:00 PM ET Company Participants Sagar Hebbar - Head-IR Amar Maletira - CEO Mark Marino - CFO Conference Call Participants Ryan Campbell - Barclays Operator Good afternoon, and thank you for standing by. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. I would n ...

Exhibit 10.2 EXECUTION VERSION _____________________________________________________________________________________ INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 Dated as of March 12, 2024 among RACKSPACE FINANCE HOLDINGS, LLC, as Holdings, RACKSPACE FINANCE, LLC, as Borrower, THE SUBSIDIARY LOAN PARTIES PARTY HERETO, THE LENDERS PARTY HERETO and CITIBANK, N.A., as Administrative Age nt INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 This INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 (th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-39420 RACKSPACE TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 81-3369925 ...

Rackspace Technology, Inc. (NASDAQ:RXT) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Sagar Hebbar - Head-Investor Relations Amar Maletira - Chief Executive Officer Bobby Molu - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Frank Louthan - Raymond James Bradley Clark - BMO Matthew Roswell - RBC Operator Good day and thank you for standing by. Welcome to Rackspace Technology Third Quarter 2023 Earnings Webcast. At this time, all participan ...