NASDAQ$RXT
Rackspace Technology Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Announced Q4 and Full Year 2021 results with record quarterly new sales bookings.
Rackspace Technology reported a strong fourth quarter with revenue of $777 million, up 9% year-over-year, and record bookings of $329 million, an increase of 12% year-over-year. The company's Non-GAAP Earnings Per Share was $0.25, down 4% year-over-year. They met or exceeded all of their financial targets while driving strong cash flow from operations.
- Fourth Quarter Revenue of $777 million, up 9% Year-over-Year.
- Fourth Quarter Core Revenue of $734 million, up 11% Year-over-Year.
- Record Fourth Quarter Bookings of $329 million, an increase of 12% Year-over-Year.
- Fourth Quarter Non-GAAP Earnings Per Share of $0.25, down 4% Year-over-Year.
Headline financials
Revenue & EPS history
Rackspace · Revenue · Quarterly
$777M
Forward guidance
Rackspace Technology is providing guidance for Q1 2022.
Tailwinds
- Revenue $768 - $778 million
- Core Revenue $730 - $738 million
- Non-GAAP Operating Profit $108 - $112 million
- Non-GAAP Earnings Per Share $0.20 - $0.22
- Non-GAAP Other Income (Expense) ($51) – ($52) million
Headwinds
- Non-GAAP Tax Expense Rate 26 %
- Non-GAAP Weighted Average Shares 214 – 216 million
- Non-GAAP Other Income (Expense) is only expected to include interest expense.
- Rackspace Technology has not reconciled Non-GAAP Operating Profit, Non-GAAP Earnings Per Share, Non-GAAP Other Income (Expense) or Non-GAAP Tax Expense Rate guidance to the most directly comparable GAAP measure because it does not provide guidance on GAAP net income (loss) or the reconciling items between these Non-GAAP measures and GAAP net income (loss) as a result of the uncertainty regarding, and the potential variability of, certain of these items, such as share-based compensation expense.
- Accordingly, a reconciliation of the non-GAAP financial measure guidance to the corresponding GAAP measure is not available without unreasonable effort.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+2.3%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-8.4%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+67.4%
Q4 2025
Best reaction
-20.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +56.0% | +63.6% | — | |
| Q4 2025 | +67.4% | +82.2% | -22.2% | |
| Q3 2025 | -15.3% | -18.5% | -30.1% | |
| Q1 2025 | -13.4% | -11.1% | -18.1% | |
| Q4 2024 | +0.7% | -9.0% | -35.1% | |
| Q3 2024 | +8.6% | -13.3% | -10.4% | |
| Q2 2024 | +6.1% | +13.2% | -0.5% | |
| Q1 2024 | +5.9% | +11.3% | +17.7% | |
| Q4 2023 | -14.8% | +14.9% | +13.0% | |
| Q3 2023 | -1.8% | -10.0% | +7.9% | |
| Q2 2023 | +13.6% | +6.6% | +0.9% | |
| Q1 2023 | -14.0% | -18.7% | +16.2% | |
| Q4 2022 | -2.6% | -14.2% | -35.8% | |
| Q3 2022 | +22.1% | +17.5% | -33.4% | |
| Q2 2022 | -17.6% | -18.2% | -29.7% | |
| Q1 2022 | -10.9% | +4.0% | -13.3% | |
| Q4 2021 | -20.6% | -6.5% | -7.3% | |
| Q3 2021 | +12.5% | +3.4% | -9.4% | |
| Q2 2021 | -14.5% | -17.0% | -12.7% | |
| Q1 2021 | -19.9% | -18.0% | -10.8% | |
| Q4 2020 | -14.8% | -14.0% | -1.8% | |
| Q3 2020 | -1.7% | -7.2% | +13.1% | |
| Q4 2019 | +8.6% | +1.4% | -0.2% | |
| Q2 2019 | +8.6% | +1.4% | -0.2% | |
| Q2 2020 | +8.6% | +1.4% | -0.2% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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