Rackspace Technology (RXT) Tops Q4 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Outlook
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Rackspace Technology Reports Fourth Quarter and Full Year 2020 Results
February 18, 2021 4:05 PM ESTFourth 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 diluted share; 2020 Net loss of $(246) million, or $(1.37) per diluted shareFourth Quarter Adjusted EBITDA was $199Â million and 2020 Adjusted EBITDA was $763 million; Adjusted EBITDA margin was 28% for both Fourth Quarter and Full Year 2020Fourth Quarter Non-GAAP Earnings Per Share of $0.26, up 24% Year-over-Year; 2020 Non-GAAP Earnings Per Share of $0.83, up 118%
SAN ANTONIO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq:... More
