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Rackspace Technology reports Q4 EPS (3c), consensus (4c)
The Fly

Rackspace Technology reports Q4 EPS (3c), consensus (4c)

Reports Q4 revenue $719.7M, consensus $714.72M. Amar Maletira, CEO, stated, “I’m pleased to announce that our results for the fiscal fourth quarter of 2023 exceeded the midpoint of our revenue, operating profit, and EPS guidance. FY23 was a period of transition, through which we focused on implementing structural changes to facilitate a turnaround, repositioning Rackspace to capitalize on emerging technology inflections points and strengthening our capital structure and I am happy with the progress we have made this year.”

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