Core Insights - Rackspace Technology reported third quarter 2025 results, achieving revenue of $671 million, a slight decrease of 1% year-over-year compared to $676 million in Q3 2024 [2][7] - The company emphasized its role as a trusted partner in navigating hybrid multicloud complexities, focusing on AI, data, and security services [1][12] Financial Performance - Private Cloud revenue was $250 million, down 3% year-over-year from $258 million in Q3 2024 [2][30] - Public Cloud revenue increased to $422 million, up 1% from $418 million in Q3 2024 [3][30] - Loss from operations improved to $(34) million in Q3 2025, significantly better than the $(174) million loss in Q3 2024 [3][19] - Net loss narrowed to $(67) million in Q3 2025, compared to $(187) million in Q3 2024 [3][19] - Net loss per diluted share was $(0.28), an improvement from $(0.82) in the same quarter last year [4][19] Cash Flow and Liquidity - Cash flow from operating activities was $71 million for Q3 2025, with a trailing twelve-month cash flow of $146 million [7][27] - As of September 30, 2025, the company had cash and cash equivalents of $100 million and total liquidity of $386 million [5][27] Guidance and Outlook - For Q4 2025, Rackspace provided revenue guidance of $664 to $678 million, with Private Cloud revenue expected between $244 to $252 million and Public Cloud revenue between $420 to $426 million [8][30] - Non-GAAP Operating Profit is projected to be between $32 to $34 million, with Non-GAAP Loss Per Share expected to range from $(0.03) to $(0.05) [8][30]