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Sep 30, 2022
Rimini Street Q3 2022 Earnings Report
Announced financial and operating results, achieving a record revenue and a higher year-over-year revenue retention rate.
Key Takeaways
Rimini Street reported a revenue of $101.9 million for Q3 2022, a 6.6% increase year over year. The revenue retention rate was 94%, up from 93% year over year. The company had 3,010 active clients, a 7.8% increase year over year.
Revenue was $101.9 million, up 6.6% year over year.
Revenue Retention Rate was 94%, up from 93% year over year.
Active Clients were 3,010, up 7.8% year over year.
Gross margin was greater than 61%.
Revenue by Geographic Location
Forward Guidance
The Company is guiding to a revenue range of $103 million to $105 million for the 2022 fourth quarter and tightening its full year 2022 revenue guidance to be in the range of $404 million to $406 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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