secwatch.observer — SEC 8-K summary
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Issuer:     Rimini Street, Inc. (RMNI)
CIK:        0001635282
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001635282-24-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635282/000163528224000031/0001635282-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635282/000163528224000031/rmni-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001635282-24-000031

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