Xpel Inc. CEO Ryan Pape explains how protective film made by the company is applied. The company’s growth continued in the first 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 or annual earnings reporting periods.
This week’s roundup of financial reports for the quarter ending March 31 includes San Antonio-based Rackspace Technology, Victory Capital Holdings and Xpel, as well as other companies of local interest such as SeaWorld Entertainment, Six Flags Entertainment and Toyota.Rackspace Technology Inc.’s first-quarter revenue fell roughly 2 percent year over year — ending a 13-quarter streak of revenue growth — as it completed a realignment of its business units amid economic downturn.
NEW BRAUNFELS — TaskUs Inc.’s first-quarter profit fell nearly 18 percent year over year as its biggest clients cut back amid a global economic slowdown. While revenue generated from the company’s top 20 clients fell 8 percent year over year, three of those clients accounted for most of the decline. Revenue from the other 17 top clients grew 20 percent, and revenue from all others grew 17 percent.“We continue to see volatility at our largest global client as their development priorities evolve.
“We are still in the early stages of our transformation, but with our season pass sales accelerating and our attendance improving, we are encouraged by our recent progress.” —ORLANDO, Fla. — SeaWorld Entertainment Inc., owner of SeaWorld San Antonio and Aquatica San Antonio, reported record revenue in the first quarter as it raised ticket prices, though its net loss was more than twice that of first quarter 2022. Poor weather was blamed for a 0.7 percent drop in attendance.$293.3 million vs.