{"schema_version":"secwatch.filing_event.v1","accession":"0001635282-22-000210","form_type":"8-K","ticker":"RMNI","cik":"0001635282","company_name":"Rimini Street, Inc.","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.515165+00:00","generated_at":"2026-06-22T14:12:42.292009+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Rimini Street Q3 revenue $101.9M (+6.6% YoY); net loss $0.4M vs income $1.9M YoY","bullets":["Revenue $101.9M (+6.6% YoY); subscription revenue $99.9M (98.1% of total).","Gross margin 61.5% vs 65.1% YoY; operating income $2.0M vs $7.5M.","Net loss $0.4M vs net income $1.9M; non-GAAP net income $8.3M vs $13.0M.","Active clients 3,010 (+7.8%); Revenue Retention Rate 94% (from 93%).","Oracle withdrew counterclaims for monetary relief; trial on remaining equitable claims set Nov 29, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001635282-22-000210","json":"https://secwatch.observer/filing/0001635282-22-000210.json","markdown":"https://secwatch.observer/filing/0001635282-22-000210.md","text":"https://secwatch.observer/filing/0001635282-22-000210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1635282/000163528222000210/0001635282-22-000210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1635282/000163528222000210/rmni-20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T14:12:42.292009+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"832ed478ee8dff89690a68d5ebc2118b789c4c3a","claim":"Rimini Street, Inc. reported third quarter ended September 30, 2022 results: revenue $101.9 million, net income -$0.4 million, EPS $0.00.","evidence_excerpt":"Third Quarter 2022 Financial Highlights • Revenue was $101.9 million for the 2022 third quarter, an increase of 6.6% compared to $95.6 million for the same period last year. • U.S. revenue was $53.4 million, an increase of 5.8% compared to $50.5 million for the same period last year. • International revenue was $48.5 million, an increase of 7.4% compared to $45.2 million for the same period last year. • Annualized Recurring Revenue was $399.8 million for the 2022 third quarter, an increase of 6.2% compared to $376.6 million for the same period last year. • Active Clients as of September 30, 2022 were 3,010, an increase of 7.8% compared to 2,793 Active Clients as of September 30, 2021. • Revenue Retention Rate was 94% for the trailing twelve months ended September 30, 2022 and 93% for the comparable period ended September 30, 2021. • Subscription revenue of $99.9 million, which accounted for 98.1% of total revenue for the 2022 third quarter compared to subscription revenue of $94.1 mill","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1635282/000163528222000210/0001635282-22-000210-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$101.9 million"},{"label":"Net income","value":"-$0.4 million"},{"label":"EPS","value":"$0.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}