This week’s roundup of financial reports includes San Antonio-based Rackspace...
Loss of $214 million in 4Q 2022 vs. loss of $82.9 million in 4Q 2021.“While the next few quarters may be choppy, our focus is on positioning the company for sustainable growth heading into 2024.” —Inc. rose nearly 40 percent, to $831.8 million in 2022 from $594.9 million in 2021. The company’s profit fell to $89.7 million from $212.6 million, despite a 13 percent increase in revenue.$448 million in 4Q 2022 vs. $443.1 million in 4Q 2021.
Inc., which operates KABB and WOAI in San Antonio, saw revenue for 2022 fall 35 percent — to $3.9 billion from $6.1 billion in 2021. The company, however, posted a $2.6 billion profit, largely due to a $3.4 billion gain related to deconsolidation of subsidiaries.$960 million in 4Q 2022 vs. $1.5 billion in 4Q 2021.“Strong political revenues were a big factor, … demonstrating the strong value proposition TV continues to offer in reaching the masses.” —HOUSTON — Cheniere Energy Inc.
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