Rimini Street, Inc. Reports Preliminary Revenue Results for the Fourth Quarter and Full Year Ended Dec. 31, 2014
January 29, 2015 at 05:02 pm
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Rimini Street, Inc. reported preliminary revenue results for the fourth quarter and full year ended Dec. 31, 2014. Net revenues for the fourth quarter 2014 were $25.4 million, an increase of 47% from the same quarter in 2013.
Net revenues for the full fiscal year 2014 were $86.7 million, an increase of 42% from fiscal year 2013.
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription-based software support products and services offer enterprise software licensees a choice of solutions that replace or supplement the support products offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.