- US-listed companies
- Rackspace Technology, Inc.
Rackspace Technology, Inc.RXT
Market cap
$523.7M
P/E ratio
Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | |
Revenue | 2,707 | 3,010 | 3,122 |
Cost of revenue | 1,723 | 2,073 | 2,265 |
Gross profit | 984 | 937 | 857 |
Selling, general and administrative expenses | 960 | 907 | 855 |
Impairment of goodwill | - | 52 | 535 |
Impairment of assets | - | - | 146 |
Gain on sale of land | - | 20 | - |
Income (loss) from operations | 25 | -2 | -679 |
Interest expense | 268 | 205 | 209 |
Gain (Loss) on Investments | 1 | -3 | -0 |
Gain (Loss) on Extinguishment of Debt | -71 | -37 | - |
Other income (expense), net | 3 | -1 | -10 |
Total other income (expense) | -337 | -247 | -219 |
Loss before income taxes | -312 | -249 | -898 |
Benefit for income taxes | -66 | -31 | -93 |
Net loss | -246 | -218 | -805 |
Foreign currency translation adjustments | 9 | -4 | -27 |
Unrealized gain (loss) on derivative contracts | -48 | 12 | 87 |
Amount reclassified from accumulated other comprehensive income (loss) to earnings | -8 | -18 | -5 |
Other comprehensive income (loss) | -31 | 26 | 65 |
Comprehensive loss | -276 | -193 | -740 |
Earnings Per Share, Basic | - | -1.05 | -3.81 |
Earnings Per Share, Diluted | - | -1.05 | -3.81 |