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Rimini Street — Fiscal Third Quarter 2026 Earnings Summary

  • Revenue reached $112.1 million (up 8.3% YoY) with Adjusted EBITDA rising 52.0% YoY to $15.1 million; Adjusted Net Income more than doubled to $11.3 million.
  • Guidance for Q4 2026 revenue set at $117–$119 million, while the "Rule of 20" FY2026 target remains unchanged following five consecutive quarters of improving results.
  • Strategic capital allocation included $5.0 million in stock repurchases and $5.0 million in debt prepayments, reducing outstanding term loan debt to $43.4 million.
  • Business expansion featured record SAP service sales, new client wins in Oman, Taiwan, and Japan, and the launch of "Rimini Govern™ for AI" alongside a strategic partnership with Datacom.
  • Active clients grew 1.9% to 3,214 with a 90% revenue retention rate, though the company notes ongoing risks related to the PeopleSoft wind-down and Oracle settlement terms.
Company
RIMINI STREET INC
Sector
Technology
Industry
Software - Application