Rackspace Technology Inc

NASDAQ RXT

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Rackspace Technology Inc Net Income for the Trailing 12 Months (TTM) ending March 31, 2024: USD -866.40 M

Rackspace Technology Inc Net Income is USD -866.40 M for the Trailing 12 Months (TTM) ending March 31, 2024, a 37.14% change year over year. Net Income is the profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Rackspace Technology Inc Net Income for the Trailing 12 Months (TTM) ending March 31, 2023 was USD -1.38 B, a -614.89% change year over year.
  • Rackspace Technology Inc Net Income for the Trailing 12 Months (TTM) ending March 31, 2022 was USD -192.80 M, a 26.30% change year over year.
  • Rackspace Technology Inc Net Income for the Trailing 12 Months (TTM) ending March 31, 2021 was USD -261.60 M, a -181.29% change year over year.
  • Rackspace Technology Inc Net Income for the Trailing 12 Months (TTM) ending March 31, 2020 was USD -93.00 M, a -61.74% change year over year.
NASDAQ: RXT

Rackspace Technology Inc

CEO Mr. Amar Maletira
IPO Date Aug. 5, 2020
Location United States
Headquarters 1 Fanatical Place, San Antonio, TX, United States, 78218
Employees 5,800
Sector Technology
Industry Software - infrastructure
Description

Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services. It also helps customers establish governance, operational, and architectural frameworks to mitigate risks and reduce inefficiencies to manage costs, achieve industry-specific compliance objectives, and enhance security. In addition, the company offers managed applications, including running large-scale SaaS applications for customers on its and public cloud infrastructure; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

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StockViz Staff

September 16, 2024

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