Rackspace Technology(RXT) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Rackspace Technology Reports Third Quarter 2024 Results • Revenue of $676 million in the Third Quarter, down 8% Year-over-Year • Private Cloud Revenue was $258 million, down 14% Year-over-Year • Public Cloud Revenue was $418 million, down 3% Year-over-Year • Third Quarter 2024 Cash Flow From Operating Activities was $52 million SAN ANTONIO, November 12, 2024 – Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results fo ...