RXT Rackspace Technology, Inc.
Our Mission Embrace technology. Empower customers. Deliver the future. We are a leading end-to-end multicloud technology services company. We design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies. We serve our customers with a unique combination of proprietary technology resulting from over $1 billion of investment and services expertise from a team of highly skilled consultants and engineers. And we provide our customers with unbiased expertise and technology solutions, delivered over the world’s leading cloud services, all wrapped in a Fanatical Experience.
Company profile
Ticker
RXT
Exchange
Website
CEO
Kevin Jones
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alphabet • Facebook • Sabre • Twitter • IHS Markit • Baidu • Snap • Yandex • DouYu International • Match ...
Former names
Rackspace Corp.
SEC CIK
Corporate docs
IRS number
813369925
Calendar
31 Aug 20
27 Sep 20
31 Dec 20
News
Financial summary
| Quarter (USD) | Jun 20 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 11 Sep 20 | Tolga Tarhan | Common Stock | Grant | Aquire A | No | 0 | 2,712 | 0 | 23,397 |
| 11 Sep 20 | Tolga Tarhan | Employee Stock Option Common Stock | Grant | Aquire A | No | 18.66 | 20,000 | 373.2K | 100,004 |
| 11 Sep 20 | Holly B. Windham | Common Stock, par value $0.01 | Grant | Aquire A | No | 0 | 5,709 | 0 | 141,182 |
| 11 Sep 20 | Subroto Mukerji | Common Stock, par value $0.01 | Grant | Aquire A | No | 0 | 4,264 | 0 | 36,856 |
| 11 Sep 20 | Matthew M. Stoyka | Common Stock, par value $0.01 | Grant | Aquire A | No | 0 | 2,221 | 0 | 19,169 |
Financial report summary
?Management Discussion
- We discuss our historical results of operations, and the key components of those results, below. Past financial results are not necessarily indicative of future results.
- NM = not meaningful.
- Revenue increased $54 million, or 9.0%, to $657 million in the three months ended June 30, 2020 from $602 million in the three months ended June 30, 2019. Revenue was positively impacted by the acquisition of Onica in November 2019 as well as new customer acquisition and growing customer spend in our Multicloud Services and Apps & Cross Platform segments, as discussed below. Our Quarterly Net Revenue Retention Rate was 98% in the three months ended June 30, 2020.
Content analysis
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H.S. junior Avg
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Financial reports
Current reports
8-K
Rackspace Technology Global Announces Final Results of Tender Offer
11 Sep 20
8-K
Rackspace Technology Reports Second Quarter 2020 Results
31 Aug 20
8-K
Rackspace Technology Global Announces Early Tender Offer Results and Amendment to Tender Offer
27 Aug 20
8-K
Rackspace Technology Global Announces Tender Offer for Up to $600.0 million of its 8.625% Senior Notes due 2024
12 Aug 20
8-K
Entry into a Material Definitive Agreement
7 Aug 20
Registration and prospectus
424B4
Prospectus supplement with pricing info
5 Aug 20
S-8
Registration of securities for employees
5 Aug 20
8-A12B
Registration of securities on exchange
3 Aug 20
S-1/A
IPO registration (amended)
27 Jul 20
S-1/A
IPO registration (amended)
20 Jul 20
S-1
IPO registration
10 Jul 20
DRS/A
Draft registration statement (amended)
18 Jun 20
DRSLTR
Correspondence regarding draft registration statement
18 Jun 20
DRS
Draft registration statement
6 May 20
Proxies
No filings
Other
EFFECT
Notice of effectiveness
5 Aug 20
CORRESP
Correspondence with SEC
3 Aug 20
CORRESP
Correspondence with SEC
23 Jul 20
CORRESP
Correspondence with SEC
20 Jul 20
UPLOAD
Letter from SEC
17 Jul 20
CORRESP
Correspondence with SEC
10 Jul 20
UPLOAD
Letter from SEC
29 Jun 20
UPLOAD
Letter from SEC
2 Jun 20
Ownership
3
Rackspace Technology / Zarina Stanford ownership change
22 Sep 20
4
Rackspace Technology / Thomas Wolf ownership change
17 Sep 20
4
Rackspace Technology / Stephen A. Mills ownership change
17 Sep 20
4/A
Rackspace Technology / Subroto Mukerji ownership change
15 Sep 20
4
Rackspace Technology / Matthew M. Stoyka ownership change
14 Sep 20
4
Rackspace Technology / Subroto Mukerji ownership change
14 Sep 20
4
Rackspace Technology / Holly B. Windham ownership change
14 Sep 20
4
Rackspace Technology / Tolga Tarhan ownership change
14 Sep 20
4
Rackspace Technology / Holly B. Windham ownership change
3 Sep 20
4
Rackspace Technology / Subroto Mukerji ownership change
3 Sep 20