Rackspace Technology Inc (NAS:RXT)
$ 2.2 -0.01 (-0.45%) Market Cap: 500.65 Mil Enterprise Value: 3.66 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 55/100
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Q1 2023 Rackspace Technology Inc Earnings Call Transcript

May 09, 2023 / 09:00PM GMT
Release Date Price: $1.35 (-2.88%)
Operator

Good afternoon, and thank you for standing by. Welcome to Rackspace Technology's First Quarter 2023 Earnings Conference Call. (Operator Instructions) Please be advised that today's call is being recorded.

I would now like to turn the call over to Robert Watson, Vice President of Corporate Finance. Please go ahead, sir.

Robert Watson
Rackspace Technology, Inc. - VP of Corporate Finance

Thank you, and good afternoon. I'm joined today by Amar Maletira, our Chief Executive Officer; and Bobby Molu, our Chief Financial Officer. This quarter, we will begin reporting in our new operating segments, Public Cloud and Private Cloud. As we previously communicated, our prior Multicloud segment has been separated into its Public and Private Cloud components, and our prior Apps & Cross Platform segment has been merged into Public and Private Cloud based on the underlying nature of the products and offerings. Our prior OpenStack segment has been collapsed into Private Cloud. However, we will continue to provide visibility into OpenStack revenue.

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