Rimini Street

Rimini Street, Inc. engages in the provision of enterprise software support products and services. It offers global tax, legal, and regulatory update, security support, proactive support, advanced technology, license advisory and onboarding and archiving services. The company was founded by Seth A. Ravin and Thomas C. Shay on September 8, 2005 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Rimini Street posts record revenue, eyes global expansion in 2023

Rimini Street reported record revenue and client base growth in Q4 2022, supported by strong subscription renewals and multi-million dollar sales wins.
The company's focus on global marketing, new product introductions, and strategic investments underscores its commitment to long-term growth and profitability.
While facing challenges in North America and ongoing litigation, Rimini Street remains confident in its positioning and optimistic about revenue opportunities in 2023.
With a solid financial performance, improved operational metrics, and a cash balance of $129 million, Rimini Street is poised for continued success and expansion.

Rimini Street reports record revenue, maintains guidance amidst market opportunities

Rimini Street's Q1 2023 performance reflects solid revenue growth, effective cost management, and maintained revenue guidance, positioning the company for future success.
The company's strengths lie in its expanded solutions portfolio, successful sales, and focus on innovation and staff, driving market acceptance and growth potential.
Challenges include ongoing litigation risks, managing operating expenses, and the need for effective execution to capitalize on market opportunities.
Opportunities abound in the strong demand for IT services consolidation, diverse product offerings, and a positive market outlook for future growth.

Rimini Street reports record revenue amid legal challenges with Oracle

Rimini Street delivered strong financial results in Q2 2023, maintaining a robust balance sheet and backlog amidst legal uncertainties.
The company's evolution into a global enterprise software support provider and focus on sales execution highlight its resilience and market positioning.
While challenges from ongoing litigation persist, Rimini Street's opportunities for growth remain promising, supported by strong demand and client savings.

Rimini Street reports solid Q3 earnings amidst market challenges

Rimini Street's Q3 performance reflects resilience in revenue growth, operational efficiency, and cost management despite challenges and market dynamics.
The company's strengths lie in its strategic focus on client needs, global operations, and financial discipline, positioning it for sustained growth.
Addressing challenges such as litigation, market dynamics, and cost pressures while capitalizing on opportunities can drive future success and market expansion.
Overall, Rimini Street's Q3 earnings call highlights a balanced approach to navigating challenges, leveraging strengths, and pursuing growth opportunities.

Rimini Street reports strong growth and strategic shifts in Q4

Rimini Street showcased strong performance in sales and financial metrics, underlining its growth trajectory and market positioning.
While facing challenges like ongoing litigation and sales strategy adjustments, the company's focus on expanding offerings and client base presents growth opportunities.
Strategic initiatives like incentivizing new client acquisition and balancing cross-selling efforts can drive future success and market competitiveness.

Rimini Street reports steady Q1 growth amidst sales challenges

Rimini Street's Q1 2024 performance showed revenue growth and strong recurring revenue, despite challenges in billings and margin decline.
The company's strengths lie in delivering cost savings, driving global growth, and focusing on client needs, while facing challenges in sales and expenses.
Opportunities include optimizing financial flexibility, leveraging new product offerings, and exploring cost-saving strategies through interest rate management.

Rimini Street reports Q2 revenue decline, focuses on cost efficiency

Rimini Street's Q2 2024 performance reflects mixed results with revenue decline but increased billings and cost reductions.
The company faces challenges in revenue retention and sales growth, exacerbated by contract roll-offs and ongoing litigation.
Opportunities lie in strategic realignment, exploring new revenue streams, and enhancing operational efficiency for long-term growth.

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LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street Upcoming Virtual Investor Conference Schedule

Rimini Street Upcoming Virtual Investor Conference Schedule

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #CFOs--CFOs refuse to waste precious dollars on IT investments that don't “move the needle”; Want to cut spending on non-essential IT investments

Global Survey Reveals CFOs Prioritizing Digital Transformation Investments

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street Completes Buyback of $60 Million Face Value Series A Preferred Stock

Rimini Street Completes Buyback of $60 Million Face Value Series A Preferred Stock

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street to Report First Quarter 2021 Financial Results on May 5, 2021

Rimini Street to Report First Quarter 2021 Financial Results on May 5, 2021

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Court Rules in Rimini Street's Favor on Key Matters, Denies Oracle Motions and Cites “Common Sense” and “Absurd Result” in Denying Oracle Claims

Court Rules in Rimini Street's Favor on Key Matters, Denies Oracle Motions and Cites “Common Sense” and “Absurd Result” in Denying Oracle Claims

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LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--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 products and a Salesforce partner, today announced leading global tire company Hankook Tire has switched to Rimini Street Support for its SAP ECC 6.0 applications. Hankook Tire reduced its annual maintenance fees by 50% with Rimini Street Support. With the efficiencies gained from switching, the compa

Hankook Tire Switches to Rimini Street Support for its SAP Applications

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Rimini Street, Inc. Announces Notice of $60 Million Face Value Redemption of Series A Preferred Stock

Rimini Street, Inc. Announces Notice of $60 Million Face Value Redemption of Series A Preferred Stock

LAS VEGAS & SÃO PAULO--(BUSINESS WIRE)---- $RMNI #3rdpartysupport--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 products and a Salesforce partner, today announced that Iguatemi, Brazil's leading shopping center management company, has now extended its SAP support agreement with Rimini Street to include Application Management Services (AMS) for SAP and Rimini Street Watch for SAP. Since 2016, Rimini

Iguatemi Extends its Support Agreement with Rimini Street to Include Application Management Services for SAP

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street, Inc. Announces Pricing of its Public Offering of Common Stock

Rimini Street, Inc. Announces Pricing of its Public Offering of Common Stock

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street, Inc. Announces Proposed Public Offering of Common Stock

Rimini Street, Inc. Announces Proposed Public Offering of Common Stock

Rimini Street, Inc. (RMNI) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Rimini Street (RMNI) Enters Overbought Territory: Is A Drop Coming?

The stock price of Rimini Street, Inc. (Nasdaq: RMNI) increased by 16.55%. This is why it happened.

RMNI Stock Price Increased By 16.55%: Why It Happened

LAS VEGAS & LONDON--(BUSINESS WIRE)---- $RMNI #3rdpartysupport--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 products and a Salesforce partner, today announced that Kent County Council, the largest County Council in England, is switching support for its Oracle E-Business Suite 12.1 application and Oracle Database software to Rimini Street. Digital Transformation Possible, Even with Constrained IT Bu

Kent County Council Switches to Rimini Street Support for its Oracle Applications and Database Software

Rimini Street, Inc. (RMNI) CEO Seth Ravin on Q4 2020 Results - Earnings Call Transcript

Rimini Street (RMNI) delivered earnings and revenue surprises of 87.50% and 5.15%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Rimini Street (RMNI) Tops Q4 Earnings and Revenue Estimates

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street Announces Fiscal Fourth Quarter and Annual 2020 Financial Results

Rimini Street Announces Fiscal Fourth Quarter and Annual 2020 Financial Results

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street to Participate in the Virtual 33rd Annual Roth Conference on March 15 – 17, 2021

Rimini Street to Participate in the Virtual 33rd Annual Roth Conference on March 15 – 17, 2021

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Japanese convenience store chain increases ROI from existing SAP releases; plans to leverage savings on support to help drive competitive advantage

Poplar Co. Ltd Switches to Rimini Street Support for SAP BusinessObjects and SAP Sybase IQ Database Software

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #GovtNZMarketplace--New Zealand Government Marketplace facilitates easier access to Rimini Street's enterprise software services and support for local government agencies

Rimini Street Now an Approved Supplier on New Zealand Government Marketplace

Rimini Street (RMNI) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Rimini Street (RMNI) is in Overbought Territory: What's Next?

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Australian transport fuels company immediately liberates support cost savings and defers migration to S/4HANA

Ampol Resets SAP Strategy and Switches to Rimini Street Support for its SAP Software

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Rimini Street to Report Fourth Quarter and Full Year 2020 Financial Results on March 3, 2021

Rimini Street to Report Fourth Quarter and Full Year 2020 Financial Results on March 3, 2021

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Oracle DB licensees may consider using third-party support to provide better, more cost-efficient support and extend the lifespan of current releases

83% of Oracle Database Licensees Cite Vendor Support Costs as Excessive or Too Much; Burdensome Updates and Poor Vendor Support Among Top Challenges in Survey

LAS VEGAS & LONDON--(BUSINESS WIRE)---- $RMNI #3rdpartysupport--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 products and a Salesforce partner, today announced that Nottinghamshire County Council (NCC) has renewed its agreement with Rimini Street for Support of its SAP ECC 6.0 and SAP Business Objects software. NCC first switched to Rimini Street in 2017, achieving substantial savings in maintenance

News for Rimini Street Stock (RMNI)