Earnings Call Summary | Rackspace Technology(RXT.US) Q1 2024 Earnings Conference
Earnings Call Summary | Rackspace Technology(RXT.US) Q1 2024 Earnings Conference
The following is a summary of the Rackspace Technology, Inc. (RXT) Q1 2024 Earnings Call Transcript:
以下是Rackspace Technology, Inc.（RXT）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Rackspace reported Q1 GAAP revenue of $691 million, exceeding the highest guidance.
Total non-GAAP net revenue was at $384 million, which was 7% down sequentially.
Non-GAAP operating profit stood at $16 million, and non-GAAP loss per share was $0.11.
Public Cloud revenue amounted to $422 million, while Private Cloud revenues were $268 million.
The company has reduced its principal debt by over $300 million, lowering annual interest costs by more than $11 million.
Rackspace公佈的第一季度GAAP收入爲6.91億美元，超過了最高預期。
非公認會計准則淨收入總額爲3.84億美元，環比下降7％。
非公認會計准則營業利潤爲1,600萬美元，非公認會計准則每股虧損爲0.11美元。
公共雲收入爲4.22億美元，而私有云收入爲2.68億美元。
該公司已將其本金債務減少了超過3億美元，使年度利息成本降低了1100萬美元以上。
Business Progress:
業務進展：
Consistent progress on turnaround strategy with success credited to operational turnaround and repositioning as a hybrid multi-cloud and AI solutions company.
Strong double-digit YoY growth in Q1 bookings for Private Cloud, with emphasis on healthcare verticals.
Stable growth in Public Cloud, guided by effective execution strategies.
There are over 30 AI-related opportunities currently in various stages of implementation after June 2023's launch.
Intent to establish a sustainable business model that consistently generates revenue and profit growth is the main goal for 2024.
A significant growth in data services bookings is reported in Q1, forecasting revenue stabilization in Q3 with a slight uptick in sequential revenue going into Q4.
Enhanced operating profit in the second half due to higher revenue and organizational efficiencies is expected.
Despite challenges in a macro environment, professional services consulting saw growth in Public Cloud, Security, Applications, and Data sectors.
The company's vertical strategy on the Private Cloud had positive outcomes, and an increase in AI-related projects was also noted.
Maintenance of labor and non-labor efficiencies, initiated in the second half of 2023 and continuing through 2024, is ongoing.
在週轉戰略上持續取得進展，成功歸功於運營轉型以及作爲混合多雲和人工智能解決方案公司的重新定位。
第一季度私有云的預訂量同比強勁增長兩位數，重點是醫療保健行業。
在有效的執行策略的指導下，公有云的穩定增長。
自2023年6月推出以來，目前有30多個與人工智能相關的機會處於不同的實施階段。
2024年的主要目標是建立可持續的商業模式，持續創造收入和利潤增長。
據報道，第一季度數據服務預訂量顯著增長，預計第三季度收入將保持穩定，進入第四季度的連續收入將略有增加。
由於收入和組織效率的提高，預計下半年的營業利潤將增加。
儘管宏觀環境面臨挑戰，但專業服務諮詢在公有云、安全、應用程序和數據領域取得了增長。
該公司在私有云上的垂直戰略取得了積極成果，還注意到與人工智能相關的項目有所增加。
勞動力和非勞動力效率的維護工作從2023年下半年開始，一直持續到2024年，正在進行中。
More details: Rackspace Technology IR
更多詳情： Rackspace 科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。