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Rackspace Technology, Inc. (RXT) Q4 2023 Earnings Call Transcript

Rackspace Technology, Inc. (NASDAQ:RXT) Q4 2023 Earnings Conference Call March 12, 2024 5:00 PM ET

Company Participants

Sagar Hebbar – Head-IR

Amar Maletira – CEO

Mark Marino – CFO

Conference Call Participants

Ryan Campbell – Barclays

Operator

Good afternoon, and thank you for standing by. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the call over to Sagar Hebbar, Head of Investor Relations. You may begin.

Sagar Hebbar

Thank you. And welcome to Rackspace Technology’s Fourth Quarter 2023 Earnings Conference Call. I am Sagar Hebbar, Head of Investor Relations. Joining me on today’s call are Amar Maletira, our Chief Executive Officer, and Mark Marino, our Chief Financial Officer.

As a reminder, certain comments we make on this call will be forward-looking. These statements involve risks and uncertainties, which could cause actual results to differ. A discussion of these risks and uncertainties, is included in our SEC filings. Rackspace Technology assumes no obligation to update the information presented on the call, except as required by law.

Our presentation includes certain non-GAAP financial measures and adjustments to these measures, which we believe provide useful information to our investors. In accordance with SEC rules, we have provided a reconciliation of these measures, to their most directly comparable GAAP measures in the earnings press release and presentation, both of which are available on our Investor Relations website. Please note that, unless stated otherwise, all results are presented as non-GAAP except revenues.

I’ll now turn the call over to Amar for an update on the business.

Amar Maletira

Thank you, Sagar.

First of all, I’d like to introduce our new CFO, Mark Marino. Having worked with Mark since I joined

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