Rackspace Technology(RXT) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Rackspace Technology Reports Second Quarter 2024 Results • Revenue of $685 million in the Second Quarter, down 8% Year-over-Year • Private Cloud Revenue was $260 million, down 17% Year-over-Year • Public Cloud Revenue was $425 million, down 2% Year-over-Year • Second Quarter 2024 Cash Flow From Operating Activities was $24 million; Cash Flow From Operating Activities was $273 million on a Trailing-Twelve-Month Basis SAN ANTONIO, August 8, 2024 – Rackspace Technology, Inc. (Nasdaq: RXT), a leadi ...