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 $273 million on a Trailing-Twelve-Month Basis Q3 2024 Guidance Total Revenue$ 668 - $680 million Private Cloud Revenue$ 255 - $262 million Public Cloud Revenue$ 414 - $419 million Non-GAAP Operating Prof ...