Rimini Street Announces Fiscal Fourth Quarter and Annual 2023 Financial and Operating Results [Yahoo! Finance]
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Yahoo! Finance
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. Fourth Quarter 2023 Financial Highlights Revenue was $112.1 million for the 2023 fourth quarter, an increase of 3.2% compared to $108.6 million for the same period last year. Annualized Recurring Revenue was $432.3 million for the 2023 fourth quarter, an increase of 2.9% compared to $420.0 million for the same period last year. Active Clients as of December 31, 2023 were 3,038, an increase of 0.6% compared to 3,020 Active Clients as of December 31, 2022. Revenue Retention Rate was 90% and 92% for the trailing 12 months ended December 31, 2023 and 2022, respectively. Gross margin was 61.0% for the 2023 fourth quarter compared to 64.5% for the same period last year. Operating income was $11.5 million for the 2023 fourth quarter compared to an operating loss of $5.6 mill
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News
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- Rimini Street First Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Rimini Street Announces Fiscal First Quarter 2024 Financial and Operating Results [Yahoo! Finance]Yahoo! Finance
- Rimini Street Announces Fiscal First Quarter 2024 Financial and Operating ResultsBusiness Wire
RMNI
Earnings
- 5/2/24 - Miss
RMNI
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 8-K
- 5/2/24 - Form 10-Q
- RMNI's page on the SEC website