Rackspace Tech Q3 Outlook: Revenue $668M-$680M Vs. $671.98M Estimate, Adj. EPS $(0.06) - $(0.08 Vs. $(0.07) Estimate
Author: Benzinga Newsdesk | August 08, 2024 04:46pm
Financial Outlook
Rackspace Technology is providing guidance as follows:
| Q3 2024 Guidance |
| Total Revenue |
$668 - $680 million |
| Private Cloud Revenue |
$255 - $262 million |
| Public Cloud Revenue |
$414 - $419 million |
| Non-GAAP Operating Profit |
$29 - $31 million |
| Non-GAAP Loss Per Share |
$(0.06) - $(0.08) |
| Non-GAAP Other Income (Expense) |
$(51) – $(55) million |
| Non-GAAP Tax Expense Rate |
26% |
| Non-GAAP Weighted Average Shares |
231-233 million |
Posted In: RKT
