---
schema_version: "secwatch.filing_event.v1"
accession: "0001635282-23-000176"
form_type: "8-K"
ticker: "RMNI"
cik: "0001635282"
company_name: "Rimini Street, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:47:58.074942+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rimini Street Q2 revenue $106.4M (+5.2% YoY); net income jumps to $4.3M from $0.1M

## Summary
- Revenue $106.4M, up 5.2% YoY; subscription revenue 96.3% of total.
- Net income $4.3M ($0.05 diluted EPS) vs $0.1M ($0.00) prior year; operating income $10.3M.
- International revenue $52.4M, up 10.9% YoY; North America posted record Q2 sales invoicing.
- Adjusted EBITDA $15.8M vs $11.0M last year; cash and short-term investments $140.7M.
- Repurchased $1.0M of common stock at avg price $4.09 per share.

## SEC filing metadata
- accession: 0001635282-23-000176
- form_type: 8-K
- ticker: RMNI
- cik: 0001635282
- company_name: Rimini Street, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1635282/000163528223000176/0001635282-23-000176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000176/rmni-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-23-000176
- JSON: https://secwatch.observer/filing/0001635282-23-000176.json
- Plain text: https://secwatch.observer/filing/0001635282-23-000176.txt

## Key facts
- Earnings Releases
  Rimini Street, Inc. reported the second quarter ended June 30, 2023 results: revenue $106.4 million, net income $4.3 million, EPS $0.05.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $106.4 million
  - Net income: $4.3 million
  - EPS: $0.05
  - Result: reported results
  source text: Rimini Street Announces Fiscal Second Quarter 2023 Financial and Operating Results Second Quarter Financial Highlights Include: Revenue of $106.4 million, up 5.2% year over year Gross margin of 63.0% compared to 63.1% in the prior year Net income of $4.3 million, compared to $0.1 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000176/0001635282-23-000176-index.htm

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