Rimini Street, Inc. (RMNI) Misses Q4 EPS by 9c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance

Go back to Rimini Street, Inc. (RMNI) Misses Q4 EPS by 9c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance

Rimini Street Announces Fiscal Fourth Quarter and Annual 2018 Financial Results

March 14, 2019 4:10 PM EDT

Quarterly 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

LAS VEGAS--(BUSINESS WIRE)--... More