Rimini Street reported fiscal third‑quarter 2025 revenue of $103.4 million, a 1.2% decline year‑over‑year, and calculated billings of $66.5 million, a 2.0% increase year‑over‑year.
The company’s remaining performance obligations rose 6.4% to $611.2 million, and its active client count grew 1.9% to 3,155. Net income for the quarter was $2.8 million, translating to earnings per share of $0.03. Non‑GAAP operating income reached $8.5 million, also yielding $0.03 per share.
Management noted that the company is winding down its Oracle PeopleSoft services, targeting full elimination of related revenue by July 31 2028, while expanding its optimize and innovate service pillars and pursuing new partnerships. The ongoing litigation with Oracle, which included a $58.5 million fee award vacated in June 2025, remains a factor but did not result in a settlement during the quarter.
Compared with the same quarter in 2024, revenue fell from $104.7 million to $103.4 million and net income swung from a $43.1 million loss to a $2.8 million profit. In contrast, international revenue grew 6.4% while U.S. revenue declined 4.5%, highlighting a geographic shift in growth drivers.
The company will provide forward‑looking guidance at its Investor Day scheduled for December 3 2025, where executives will outline future growth prospects and financial targets.
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