Rackspace Technology Reports Fourth Quarter and Full Year 2020 Results
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Rackspace Technology (RXT) Tops Q4 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Outlook
February 18, 2021 4:13 PM ESTRackspace Technology (NASDAQ: RXT) reported Q4 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $716 million versus the consensus estimate of $701.79 million.
Fourth Quarter Revenue of $716 million, up 14% Year-over-Year; 2020 Revenue of $2,707 million, up 11% Year-over-YearFourth Quarter Bookings of $293 million, an increase of 27% Year-over-Year; 2020 Bookings of $1,126 million, an increase of 61% Year-over-YearFourth Quarter Net loss of $(64) million, or $(0.32) per... More