Rimini Street, Inc. (RMNI)

NASDAQ: RMNI · IEX Real-Time Price · USD
5.33
+0.04 (0.76%)
At close: Aug 12, 2022 4:00 PM
5.41
+0.08 (1.50%)
After-hours: Aug 12, 2022 5:31 PM EDT
0.76%
Market Cap 501.68M
Revenue (ttm) 394.03M
Net Income (ttm) 63.09M
Shares Out 94.12M
EPS (ttm) 0.58
PE Ratio 9.19
Forward PE 20.37
Dividend n/a
Ex-Dividend Date n/a
Volume 382,550
Open 5.30
Previous Close 5.29
Day's Range 5.21 - 5.43
52-Week Range 4.19 - 11.52
Beta 0.72
Analysts Buy
Price Target 10.20 (+91.4%)
Earnings Date Aug 3, 2022

About RMNI

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada. [Read more...]

Industry Software
Founded 2005
Employees 1,830
Stock Exchange NASDAQ
Ticker Symbol RMNI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for RMNI stock is "Buy." The 12-month stock price forecast is 10.2, which is an increase of 91.37% from the latest price.

Price Target
$10.2
(91.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rimini Street (RMNI) Q2 Earnings Lag Estimates

Rimini Street (RMNI) delivered earnings and revenue surprises of -50% and 1.34%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Rimini Street Announces Fiscal Second Quarter 2022 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Lotte Mart Chooses Rimini Street Support Services for its Oracle Applications

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street Launches Rimini Protect™ Security Suite to Better Protect Organizations From Continuously Evolving Cybe...

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Manukau Institute of Technology Avoids Costly and Unnecessary Oracle Upgrade by Leveraging Rimini Street Support

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street to Report Second Quarter 2022 Financial Results on August 3, 2022

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Has Rimini Street (RMNI) Outpaced Other Computer and Technology Stocks This Year?

Here is how Rimini Street (RMNI) and T-Mobile (TMUS) have performed compared to their sector so far this year.

State Library of Victoria Entrusts Its Oracle Software Support and Security to Rimini Street

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Amazon's Stock Split Is Almost Here, but This Tiny Nasdaq Stock Is Stealing the Show Wednesday

As the Nasdaq falls, one company is betting on its future.

Other symbols: AMZN

Rimini Street Announces Stock Repurchase Plan Increase from $15 Million to $50 Million and $5 Million Prepayment on I...

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

E-LAND Innople Chooses Rimini Street Support Services for SAP S/4 HANA

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street to Present at the Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street to Participate at the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street Delivers Its Support Services for SAP to Lwart, Enables Regulatory Compliance and New Payment and Elect...

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

AllianceCorp Manufacturing Accelerates Innovation by Shifting to Rimini Street Support for SAP S/4HANA

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street (RMNI) Upgraded to Buy: Here's Why

Rimini Street (RMNI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Rimini Street to Present at the 17th Annual Needham Technology & Media Conference

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street Reveals the Winning Las Vegas Charities in the RMNI LOVE™ Grant Program

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

Rimini Street (RMNI) Lags Q1 Earnings Estimates

Rimini Street (RMNI) delivered earnings and revenue surprises of -23.08% and 2.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Rimini Street Announces Fiscal First Quarter 2022 Financial Results

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

New Strong Buy Stocks for April 28th

CCU, PTR, OFS, RMNI, and CLAR have been added to the Zacks Rank #1 (Strong Buy) List on April 28, 2022.

Other symbols: CCUCLAROFSPTR

Rimini Street Provides Third Party Maintenance Services for Oracle Database to SK Networks

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq:RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produc...

Rimini Street UK Recognised in UK's Best Workplaces™ and Ranked among the UK's Best Workplaces™ for Wellbeing by Grea...

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...

New Strong Buy Stocks for April 25th

ARCO, SON, BKE, DOW, and RMNI have been added to the Zacks Rank #1 (Strong Buy) List on April 25, 2022.

Other symbols: ARCOBKEDOWSON

Rimini Street to Report First Quarter 2022 Financial Results on May 4, 2022

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software produ...