Rimini Street Announces Fiscal Fourth Quarter and Annual 2023 Financial and Operating Results
View the full release here: https://www.businesswire.com/news/home/20240228214663/en/
- View the full release here: https://www.businesswire.com/news/home/20240228214663/en/
Rimini Street Announces Fiscal Fourth Quarter and Annual 2023 Financial and Operating Results (Graphic: Business Wire)
Revenue was $112.1 million for the 2023 fourth quarter, an increase of 3.2% compared to $108.6 million for the same period last year. - Gross margin was 61.0% for the 2023 fourth quarter compared to 64.5% for the same period last year.
- Operating income was $11.5 million for the 2023 fourth quarter compared to an operating loss of $5.6 million for the same period last year.
- Non-GAAP Operating Income was $19.3 million for the 2023 fourth quarter compared to $15.0 million for the same period last year.