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Rimini Street (RMNI) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

28 August 2015

Indexes:

Not included

Description:

Rimini Street, Inc. provides independent support services for enterprise software, primarily focusing on Oracle and SAP products. The company offers maintenance, support, and consulting services, helping businesses reduce costs and enhance software performance while extending the life of their existing systems.

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

17 Dec '24 Craig-Hallum
Buy
31 July '24 Alliance Global Partners
Neutral
03 May '24 Alliance Global Partners
Buy
27 July '23 Craig-Hallum
Hold
03 Mar '22 Alliance Global Partners
Buy
19 Jan '22 Roth Capital
Buy
04 Nov '21 Cowen & Co.
Market Perform
04 Nov '21 Alliance Global Partners
Neutral
11 May '21 Roth Capital
Neutral
02 Feb '21 Roth Capital
Buy

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Institutional Ownership

Rimini Street to Report Third Quarter 2024 Financial Results on October 30, 2024
Rimini Street to Report Third Quarter 2024 Financial Results on October 30, 2024
Rimini Street to Report Third Quarter 2024 Financial Results on October 30, 2024
RMNI
businesswire.com21 October 2024

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, today announced it will report earnings after market close on October 30, 2024. The company will host a conference call and webcast on that date to discuss the third quarter 2024 results and the fourth quarter 2024 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live webcast of the event will be available on Rimini Street's Investor Relat.

Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued
Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued
Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued
RMNI
seekingalpha.com05 September 2024

Rimini Street, Inc. reports strong recurring revenue, a diversified client base, and international growth, with a market cap under $300 million and positive free cash flow. The company is reallocating resources, optimizing costs, and implementing a stock repurchase program, which could enhance free cash flow growth and lower the cost of capital. Risks include ongoing litigation with Oracle, potential price changes from software vendors, and a large shareholder selling shares, which could impact net income growth.

Rimini Street, Inc. (RMNI) Q2 2024 Earnings Call Transcript
Rimini Street, Inc. (RMNI) Q2 2024 Earnings Call Transcript
Rimini Street, Inc. (RMNI) Q2 2024 Earnings Call Transcript
RMNI
seekingalpha.com31 July 2024

Rimini Street, Inc. (NASDAQ:RMNI ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Dean Pohl - VP, Treasurer and IR Seth Ravin - President and CEO Michael Perica - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good afternoon ladies and gentlemen and welcome to the Rimini Street Q2 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Rimini Street (RMNI) Q2 Earnings and Revenues Miss Estimates
Rimini Street (RMNI) Q2 Earnings and Revenues Miss Estimates
Rimini Street (RMNI) Q2 Earnings and Revenues Miss Estimates
RMNI
zacks.com31 July 2024

Rimini Street (RMNI) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.10 per share a year ago.

Rimini Street Advances Data Quality with the Openprise RevOps Data Automation Cloud
Rimini Street Advances Data Quality with the Openprise RevOps Data Automation Cloud
Rimini Street Advances Data Quality with the Openprise RevOps Data Automation Cloud
RMNI
businesswire.com11 June 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Openprise, a leader in revenue operations (RevOps) data automation, today announced that Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner — has automated data processes and manual tasks using Openprise RevOps Data Automation (RDA) Cloud and its out-of-the-box solutions. “In just a few mon.

Rimini Street, Inc. (RMNI) Q1 2024 Earnings Call Transcript
Rimini Street, Inc. (RMNI) Q1 2024 Earnings Call Transcript
Rimini Street, Inc. (RMNI) Q1 2024 Earnings Call Transcript
RMNI
Seeking Alpha04 May 2024

Rimini Street, Inc. (NASDAQ: RMNI) Q1 2024 Earnings Conference Call on May 2, 2024 at 5:00 PM ET with company representatives Dean Pohl, Seth Ravin, and Michael Perica. Thank you for joining the Rimini Street First Quarter 2024 Earnings Call.

Rimini Street (RMNI) Lags Q1 Earnings and Revenue Estimates
Rimini Street (RMNI) Lags Q1 Earnings and Revenue Estimates
Rimini Street (RMNI) Lags Q1 Earnings and Revenue Estimates
RMNI
Zacks Investment Research02 May 2024

Rimini Street (RMNI) reported earnings of $0.07 per share for the quarter, falling short of the Zacks Consensus Estimate of $0.12 per share. This is lower than the $0.11 per share earnings from the same quarter last year.

Rimini Street (RMNI) Upgraded to Strong Buy: What Does It Mean for the Stock?
Rimini Street (RMNI) Upgraded to Strong Buy: What Does It Mean for the Stock?
Rimini Street (RMNI) Upgraded to Strong Buy: What Does It Mean for the Stock?
RMNI
Zacks Investment Research25 April 2024

There is increasing optimism about Rimini Street's earnings potential, leading to its upgrade to a Zacks Rank #1 (Strong Buy), which could push the stock price higher.

Rimini Street to Report First Quarter 2024 Financial Results on May 2, 2024
Rimini Street to Report First Quarter 2024 Financial Results on May 2, 2024
Rimini Street to Report First Quarter 2024 Financial Results on May 2, 2024
RMNI
Business Wire03 April 2024

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced it will report earnings prior to market open on May 2, 2024. The company will host a conference call and webcast on that date to discuss the first quarter 2024 results and the 2024 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific t.

Earnings Estimates Rising for Rimini Street (RMNI): Will It Gain?
Earnings Estimates Rising for Rimini Street (RMNI): Will It Gain?
Earnings Estimates Rising for Rimini Street (RMNI): Will It Gain?
RMNI
Zacks Investment Research13 March 2024

Rimini Street (RMNI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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FAQ

  • What is the primary business of Rimini Street?
  • What is the ticker symbol for Rimini Street?
  • Does Rimini Street pay dividends?
  • What sector is Rimini Street in?
  • What industry is Rimini Street in?
  • What country is Rimini Street based in?
  • When did Rimini Street go public?
  • Is Rimini Street in the S&P 500?
  • Is Rimini Street in the NASDAQ 100?
  • Is Rimini Street in the Dow Jones?
  • When was Rimini Street's last earnings report?
  • When does Rimini Street report earnings?
  • Should I buy Rimini Street stock now?

What is the primary business of Rimini Street?

Rimini Street, Inc. provides independent support services for enterprise software, primarily focusing on Oracle and SAP products. The company offers maintenance, support, and consulting services, helping businesses reduce costs and enhance software performance while extending the life of their existing systems.

What is the ticker symbol for Rimini Street?

The ticker symbol for Rimini Street is NASDAQ:RMNI

Does Rimini Street pay dividends?

No, Rimini Street does not pay dividends

What sector is Rimini Street in?

Rimini Street is in the Technology sector

What industry is Rimini Street in?

Rimini Street is in the Software Application industry

What country is Rimini Street based in?

Rimini Street is headquartered in United States

When did Rimini Street go public?

Rimini Street's initial public offering (IPO) was on 28 August 2015

Is Rimini Street in the S&P 500?

No, Rimini Street is not included in the S&P 500 index

Is Rimini Street in the NASDAQ 100?

No, Rimini Street is not included in the NASDAQ 100 index

Is Rimini Street in the Dow Jones?

No, Rimini Street is not included in the Dow Jones index

When was Rimini Street's last earnings report?

Rimini Street's most recent earnings report was on 30 October 2024

When does Rimini Street report earnings?

The next expected earnings date for Rimini Street is 28 February 2025

Should I buy Rimini Street stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions