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Stock impact report

Rimini Street Announces Fiscal Third Quarter 2024 Financial and Operating Results [Yahoo! Finance]

Rimini Street, Inc. (RMNI) 
Company Research Source: Yahoo! Finance
and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the fiscal third quarter ended September 30, 2024. Select Third Quarter 2024 Financial Highlights Revenue was $104.7 million for the 2024 third quarter, a decrease of 2.6% compared to $107.5 million for the same period last year. U.S. revenue was $51.6 million for the 2024 third quarter, a decrease of 7.4% compared to $55.7 million for the same period last year. International revenue was $53.1 million for the 2024 third quarter, an increase of 2.7% compared to $51.7 million for the same period last year. Subscription revenue was $100.4 million, which accounted for 95.9% of total revenue for the 2024 third quarter, compared to subscription revenue of $104.1 million, which accounted for 96.9% of total revenue for the same period last year. Annualized Recurring Revenue was $401.5 million for the 2024 third quarter, a decrease of 3.6 Show less Read more
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