Rimini Street Q4 revenue $112.1M (+3.2%); net income $9.4M vs loss $5.3M YoY

Rimini Street, Inc.

2023-FY EPS reported $0.29 revenue$431,496,000

Revenue $112.1M in Q4 (+3.2% vs $108.6M); FY revenue $431.5M (+5.3% vs $409.7M).
Net income $9.4M in Q4 vs loss $5.3M; FY net income $26.1M vs loss $2.5M.
Q4 Adjusted EBITDA $21.3M (up from $18.3M); FY Adjusted EBITDA $71.9M (up from $52.3M).
Active clients 3,038 (+0.6%); revenue retention 90% (down from 92% trailing 12mo).
Q4 GAAP EPS $0.10 vs loss per share $0.06; non-GAAP operating income $19.3M vs $15.0M.

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 1.0

Rimini Street, Inc. reported the 2023 fourth quarter and fiscal year ended December 31, 2023 results: revenue Revenue was $431.5 million for 2023, net income Net income was $26.1 million for 2023, EPS Basic and diluted net earnings per share attributable to common stockholders was a net earnings per share of $0.29 and $.

Period: the 2023 fourth quarter and fiscal year ended December 31, 2023
Revenue: Revenue was $431.5 million for 2023
Net income: Net income was $26.1 million for 2023
EPS: Basic and diluted net earnings per share attributable to common stockholders was a net earnings per share of $0.29 and $
Result: reported results

Exact text from the filing

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the 2023 fourth quarter and fiscal year ended December 31, 2023.

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Rimini Street, Inc. filing history →

Source: SEC EDGAR

accession 0001635282-24-000031

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