Earnings roundup: Rackspace touts reorganization amid $500M 3Q loss; revenue up at TaskUs, XPEL

Courtesy of Rackspace Technology Inc.

SAN ANTONIO — Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods. This week’s roundup of financial reports includes San Antonio-based Rackspace Technology, TaskUs, Victory Capital Holdings and other, as well as the parent company of SeaWorld San Antonio.Despite posting a huge third-quarter loss, cloud computing company Rackspace Technology Inc. said it’s in a good position to roll out its

. The company plans to split into two business units to better capitalize on the private and public cloud markets.Revenue:“I know we need to rebuild out credibility as a team. We intend to build a track record of meeting and beating expectations.” —. was up 15.5 percent year over year, though net income was down as disproportionate increases in some expenses outpaced topline gains. The company refinanced its debt during the recent quarter and initiated a share repurchase program.

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