Rimini Street said it had 1,732 active enterprise software support clients at the end of its third quarter as revenue was up 17 percent from a year ago.
The company said it also paid down debt, hired key executives and invested in its sales capacity.
Rimini reported a third quarter net loss of $ 48.4 million, or 85 cents a share, on revenue of $ 62.6 million. The loss was largely due to a non-cash charge related to paying off debt. On a non-GAAP basis, Rimini repor…