Rimini Street Q4 revenue $108.6M (+9.4% YoY), net loss $5.3M; FY2022 revenue $409.7M

Rimini Street, Inc.

2022-FY EPS reported -$0.03 revenue$409,662,000

Q4 revenue $108.6M (+9.4% YoY); full year revenue $409.7M (+9.4% YoY).
Q4 net loss $5.3M ($0.06 loss per share) vs net income $70.1M ($0.81 EPS) in prior year.
Q4 operating loss $5.6M vs operating income $12.7M prior year; Non-GAAP operating income $15.0M.
Full year 2022 net loss $2.5M vs net income $75.2M in 2021; Adjusted EBITDA $52.3M.
Credit facility amended to convert LIBOR to SOFR; added back Oracle litigation costs to EBITDA definition.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rimini Street, Inc. reported the fiscal year ended December 31, 2022 results: revenue $409.7 million, net income ($2.5 million), EPS ($0.03) per share. Guidance initiated.

Period: the fiscal year ended December 31, 2022
Revenue: $409.7 million
Net income: ($2.5 million)
EPS: ($0.03) per share
Guidance: initiated
Result: reported results

Exact text from the filing

Revenue was $409.7 million for 2022, an increase of 9.4% compared to $374.4 million for 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rimini Street, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $108.6 million, net income ($5.3 million), EPS ($0.06) per share. Guidance initiated.

Period: the fourth quarter ended December 31, 2022
Revenue: $108.6 million
Net income: ($5.3 million)
EPS: ($0.06) per share
Guidance: initiated
Result: reported results

Exact text from the filing

Revenue was $108.6 million for the 2022 fourth quarter, an increase of 9.4% compared to $99.3 million for the same period last year.

View on SEC.gov

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Rimini Street, Inc. filing history →

Source: SEC EDGAR

accession 0001635282-23-000052

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