---
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"
generated_at: "2026-06-22T14:12:42.292009+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rimini Street Q3 revenue $101.9M (+6.6% YoY); net loss $0.4M vs income $1.9M YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-22-000210
- JSON: https://secwatch.observer/filing/0001635282-22-000210.json
- Plain text: https://secwatch.observer/filing/0001635282-22-000210.txt

## Key facts
- Earnings Releases
  Rimini Street, Inc. reported third quarter ended September 30, 2022 results: revenue $101.9 million, net income -$0.4 million, EPS $0.00.
  - Period: third quarter ended September 30, 2022
  - Revenue: $101.9 million
  - Net income: -$0.4 million
  - EPS: $0.00
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1635282/000163528222000210/0001635282-22-000210-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.