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Earnings roundup: Rackspace finalizes size of increased 1Q loss

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Rackspace,Sinclair Inc.,Tower Semiconductor

This week’s roundup of quarterly financial reports includes San Antonio-based Rackspace Technology — again — and Biglari Holdings, along with Austin-base Yeti.

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 recent quarterly financial reports includes San Antonio-based Rackspace Technology, Biglari Holdings, U.S.

Sales growth was paced by international sales — up 32% year over year — while U.S. sales increased 9%. During the quarter, Yeti completed its acquisition of Mystery Ranch, which makes durable backpacks, bags and pack accessories. Net income: $15.86 million vs. $10.56 million Revenue: $341.39 million vs. $302.8 million Quotable: “We remain confident as we move into the second quarter and second half of the year.” — CEO Matt Reintjes Sinclair revenue up, reaches deal in 1Q HUNT VALLEY, Md.

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