Earnings roundup: 2Q good for Victory Capital, Rackspace, Xpel, TaskUs

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Earnings roundup: Victory Capital, Rackspace, Xpel, TaskUs post gains in second quarter.

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 and annual earnings reporting periods. This week’s roundup of recent quarterly financial reports includes San Antonio-based Victory Capital Holdings Inc., Rackspace Technology Inc. and Xpel Inc..; New Braunfelsl-based TaskUs Inc.; and others of local interest, such as United Parks & Resorts Inc.

Victory Capital strikes accord with French company to acquire U.S. business Net income: $74.25 million vs. $56.67 million Revenue: $219.62 million vs. $204.23 million Quotable: “This transaction is extremely compelling with multiple strategic elements that will make our company even better.” — CEO David Brown Rackspace bottom line ends 2Q in the black Rackspace Technology Inc. posted a $25 million second-quarter profit — up from a $27.2 million loss a year ago — as it recorded a $29.

Rackspace growing up’: Take a look inside San Antonio tech firm’s new downsized digs Net income: Profit of $25 million vs. loss of $27.2 million Revenue: $684.9 million vs. $746.3 million Quotable: “We are making steady progress on our operational turnaround, … repositioning Rackspace as a forward-leading innovative hybrid cloud and AI solutions company.” — CEO Amar Maletira Xpel grows revenue globally, except China Xpel Inc.

 

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