Rimini Street, Inc. (RMNI) Misses Q4 EPS by 9c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance
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Rimini Street Announces Fiscal Fourth Quarter and Annual 2018 Financial Results
March 14, 2019 4:10 PM EDTQuarterly revenue of $67.7 million, up 17% year over year
Fiscal year revenue of $252.8 million, up 19% year over year
Fiscal year gross margin of 62.0%, up from 61.0% in 2017
Fiscal year operating income of $25.4 million, up 15% year over year
1,802 active clients at fiscal year-end, up 15% year over year
Signed largest client contract in Company history, approximately $26 million over 3 years
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