Rimini Street Announces Fiscal First Quarter 2025 Financial and Operating Results

About this update from Rimini Street, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/29b39e1749a87c1193b02f78e57f7f42"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1Lv9Q.5Thk7N_hDAO5ZGCw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/29b39e1749a87c1193b02f78e57f7f42","width":480,"height":480}},"lazy":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1206,"height":291,"url":"https://media.zenfs.com/en/business-wire.com/86ddffb2b21dc5d2b72f1a3572ce773a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/A.nV8hh8QvWoS9g0ntDz9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIzMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/86ddffb2b21dc5d2b72f1a3572ce773a","width":960,"height":232},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/RM_aUfxPZ5MZX5teGSy80A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01ODA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/86ddffb2b21dc5d2b72f1a3572ce773a","width":1200,"height":290}}},{"type":"text","content":"First Quarter Financial Highlights Include:Gross margin of 61.0% compared to 59.8% in the prior yearNet Income of $3.4 million compared to $1.3 million in the prior yearBillings of $79.4 million, up 7.2% year over yearAdjusted EBITDA of $15.3 million compared to $10.7 million in the prior year","length":298,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS, May 01, 2025--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the fiscal first quarter ended March 31, 2025.","length":320,"tagName":"p"},{"type":"text","content":"Select First Quarter 2025 Financial Results","length":43,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $104.2 million for the 2025 first quarter, a decrease of 2.4% compared to $106.7 million for the same period last year.","length":131,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"U.S. revenue was $50.1 million for the 2025 first quar...

More updates from Rimini Street, Inc.