Congrats Rackspace Hosting for your Fourth Quarter 2013 Results.

This is not phenomenal, but these results reflect that, something strong emerges, despite some difficulties in terms of net income compared to the fourth quarter of 2012. 

Connectikpeople.co encourages you continuing to invest in your portfolio of services and reinforce your differentiation in the market.

Now let us recall that, your financial results for the quarter ended December 31, 2013 unveiled that, Net revenue for the fourth quarter of 2013 was $408 million, up 5.0% from the previous quarter and up 16% from the fourth quarter of 2012.

Total server count increased to 103,886, up from 101,967 servers at the end of the

previous quarter.

During the fourth quarter of 2013, the non-cash data center lease charge was $2.3 million, compared to $3.8 million in the previous quarter and $2.9 million in the fourth quarter of 2012.

Net income was $21 million for the quarter, up 27.5% from the previous quarter and down 30% from the fourth quarter of 2012. Net income margin for the quarter was 5.1% compared to 4.2% for the previous quarter and 8.5% in the fourth quarter of 2012.

Cash flow from operating activities was $110 million for the fourth quarter of 2013. Capital expenditures were $116 million, including $65 million for purchases of customer gear, $23 million for data center build outs, $8 million for office build outs and $20 million for capitalized software and other projects.

At the end of the fourth quarter of 2013, cash and cash equivalents were $260 million, and debt including capital lease obligations totaled $58 million.

On a worldwide basis, Rackspace employed 5,651 Rackers as of December 31, 2013, up from 5,450 in the previous quarter.