secwatch.observer — SEC 8-K summary
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Issuer:     Rimini Street, Inc. (RMNI)
CIK:        0001635282
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001635282-23-000135
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rimini Street Q1 revenue $105.5M (+7.8%); net income $5.6M (+82.7%); launches Rimini ONE
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- Revenue $105.5M (+7.8% YoY); net income $5.6M (+82.7%); diluted EPS $0.06 vs $0.03.
- Adjusted EBITDA $16.6M vs $12.9M; operating income $10.7M vs $5.9M.
- International revenue $52.1M (+14.1%) outpaced US $53.4M (+2.2%).
- Cash $135M down 14.6% YoY; debt reduced $10M to $77M; net cash $58M.
- Launched Rimini ONE turnkey outsourcing; signed over 100 clients.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635282/000163528223000135/0001635282-23-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635282/000163528223000135/rmni-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001635282-23-000135

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer