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  "docSlug": "4b420a334ea00dcaca8808491383c272",
  "documentTitle": "Cyxtera | Investor Presentation Deck | 28 slides",
  "authorId": "cyxtera",
  "authorName": "Cyxtera",
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  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-06-01 00:00:00",
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  "pageNumber": 24,
  "pageCount": 28,
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  "density": "balanced",
  "nDataPoints": 3,
  "notes": "The slide highlights underperformance relative to budget in both bookings and churn.",
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  "slideHref": "/slides/019de075-1c2e-7782-93af-0b40b39665fc/24",
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      "text": "RSA announcement seems to have been well received among customers and partners but effect is unclear at this time\nBookings through end of May slightly below budget expectations by about 20%\nTotal bookings for the quarter at mid-point expected to have a similar trajectory with a possibility of hitting budget if large proportion of upside opportunities are closed in the quarter\nChurn through end of May is higher than expected and above budget trend for the quarter\nTotal Churn for the quarter expected to be above budget as Q1 was better due to timing\nFirst half churn is expected be approximately mid-teens percent worse than budget\nNet Bookings is expected to be somewhat negative-to-breakeven in Q2 and the first half of the year\nThe Company projects total bookings for 2023 to be in or around $5 million of MRR",
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      "kind": "title",
      "text": "2QTD Performance Update (as of 6/4/23)",
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