NASDAQ$RMNI

Rimini Street Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Rimini Street's Q4 2020 results were announced, showing revenue growth and increased profitability.

Rimini Street announced strong Q4 2020 results with a 15.4% increase in revenue year-over-year, reaching $87.8 million. The company also achieved net income of $3.7 million, a significant improvement from the net loss in the same period last year. The company highlighted its execution against its strategic growth plan and investments in support solutions.

  • Revenue increased by 15.4% year-over-year to $87.8 million.
  • Annual Recurring Revenue increased by 15.4% year-over-year to $349 million.
  • Active clients increased by 20.6% year-over-year to 2,487.
  • Net income was $3.7 million, compared to a net loss of $(0.2) million in the same period last year.

Headline financials

Total Revenue

$87.8M

Previous: $76.1M+15.4%
EPS (adj)

$0.15

Previous: $0.05+200.0%
Active Clients

2.5K

Previous: 2.1K+20.6%
Revenue Retention Rate

92.0%

Previous: 92.0%+0.0%
Gross margin

61.8%

No prior period
Net Income

$3.66M

Previous: -$207K+1867.6%
Operating Income

$4.47M

Previous: $1.62M+176.1%
Gross Profit

$54.2M

Previous: $45.8M+18.4%
Cash & Equivalents

$87.6M

Previous: $38M+130.8%
Total Assets

$280M

Previous: $201M+39.1%
Stock-Based Comp

$2.04M

Previous: $1.7M+19.6%

Revenue & EPS history

Rimini Street · Revenue · Quarterly

$87.8M

Q4 2020+15.4%vs Q4 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Rimini Street · $99.2M total across 1 segment · Q2 2022

  • Subscription revenue
    $99.2M

Forward guidance

The Company is providing first quarter 2021 revenue guidance to be in the range of $87.5 million to $88.5 million and full year 2021 revenue guidance to be in the range of $370 million to $380 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.6%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-1.3%

Avg return

30 days after

45%

19 / 42 earnings

Positive

+28.3%

Q4 2021

Best reaction

-34.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+17.8%+13.8%+14.7%
Q4 2025+20.2%+18.5%+4.7%
Q3 2025-15.8%-12.3%-17.9%
Q1 2025-7.7%-6.2%-14.1%
Q4 2024+16.4%+14.1%+13.8%
Q3 2024+4.7%+6.5%+27.8%
Q2 2024-34.9%-41.0%-44.1%
Q1 2024-7.6%-11.2%-6.9%
Q4 2023+5.2%-6.8%+6.2%
Q3 2023+28.1%+26.7%+47.5%
Q2 2023-11.4%-9.3%-12.1%
Q1 2023+10.7%+9.0%+17.2%
Q4 2022+12.9%+14.5%-3.7%
Q3 2022-21.7%-25.0%-24.4%
Q2 2022-9.0%-15.2%-32.5%
Q1 2022-1.2%-0.7%+16.7%
Q4 2021+28.3%+24.2%+36.3%
Q3 2021-29.2%-33.7%-46.6%
Q2 2021-3.1%-8.7%+16.6%
Q1 2021-21.7%-20.8%-8.3%
Q4 2020+16.8%-3.9%+3.8%
Q3 2020+17.1%+27.0%+53.7%
Q2 2020-6.9%-5.4%-26.3%
Q1 2020+8.5%+4.1%+8.9%
Q4 2019+7.1%-0.7%-3.0%
Q3 2019+4.5%-2.3%+1.3%
Q2 2019+3.4%+2.7%-0.2%
Q1 2019+4.7%-0.6%-0.6%
Q4 2018-2.9%+1.5%+0.8%
Q3 2018-12.8%-21.7%-25.4%
Q2 2018-10.8%-25.4%-36.4%
Q1 2018-0.8%-0.8%-7.0%
Q4 2017+2.3%+3.9%-3.9%
Q4 2016+2.3%+3.9%-3.9%
Q3 2017+13.5%+13.3%-5.9%
Q2 2017-0.2%+0.4%+0.5%
Q1 2017-0.2%-0.2%+0.3%
Q3 2016-0.7%+0.5%+0.6%
Q2 2016+0.0%+0.0%+0.5%
Q1 2016-0.3%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015
Q1 2015
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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