---
schema_version: "secwatch.filing_event.v1"
accession: "0001635282-23-000052"
form_type: "8-K"
ticker: "RMNI"
cik: "0001635282"
company_name: "Rimini Street, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:04:41.122752+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001635282-23-000052
- form_type: 8-K
- ticker: RMNI
- cik: 0001635282
- company_name: Rimini Street, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000052/0001635282-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000052/rmni-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-23-000052
- JSON: https://secwatch.observer/filing/0001635282-23-000052.json
- Plain text: https://secwatch.observer/filing/0001635282-23-000052.txt

## Key facts
- Earnings Releases
  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
  source text: Revenue was $409.7 million for 2022, an increase of 9.4% compared to $374.4 million for 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000052/0001635282-23-000052-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000052/0001635282-23-000052-index.htm

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