LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Companyâ"¢, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on February 19, 2026. The company will host a conference call and webcast on that date to discuss the fourth quarter and fiscal year 2025 results and the 2026 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live webcast of the event wi. ...

Rimini Street, Inc. (NASDAQ:RMNI) is one of the undervalued technology penny stocks to buy now. On January 6, Rimini Street, Inc. (NASDAQ:RMNI) announced that SP Electricity North West has resolved long‑standing SAP system challenges by switching to Rimini Support and implementing its single sign-on solution. Rimini Street (RMNI) Gains Momentum With SP ENW and Tidewater ERP Wins Copyright: welcomia / 123RF Stock Photo The UK energy provider, serving over 5 million customers, cut overhead costs worth hun ...

Core Viewpoint - Rimini Street (RMNI) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - Rimini Street is projected to earn $0.25 per share for the fiscal year ending December 2025, with no year-over-year change expected [8]. - Over the past three months, the Zacks Consensus Estimate for Rimini Street has increased by 4.9%, reflecting a positive outlook for the company's earnings [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating [9][10]. - The upgrade of Rimini Street to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - The article emphasizes the importance of building a balanced investment portfolio that includes both technology stocks and defensive options, highlighting the intrinsic value of companies as a key focus for investment decisions [1] Group 1: Investment Strategy - The company specializes in equities and diversified portfolios, aiming to ensure clients benefit from technology stock growth while maintaining investments in defensive options [1] - There is a strong preference for established technology companies and those in consumer staples and discretionary goods, prioritizing company value over market circumstances [1] Group 2: Experience and Expertise - The company has been an active investor for seven years, managing third-party portfolios and focusing on macroeconomic trends, stock valuation, and the interplay between politics and markets [1] - A Master's degree in Economics and experience as a consultant for public and private organizations contribute to the company's analytical capabilities, particularly in financial and economic aspects [1] Group 3: Challenges and Insights - The company acknowledges the difficulty of "buying low and selling high," drawing parallels between the pressures of public tenders and the stress of market downturns experienced in 2020 and 2022 [1] - The company maintains a blog to share investment perspectives and promote financial inclusion programs for women, indicating a commitment to social responsibility within the finance sector [1]

Core Viewpoint - The article emphasizes the importance of building a balanced investment portfolio that includes both technology stocks and defensive options, highlighting the need for intrinsic value and strong catalysts in investment decisions [1] Group 1: Investment Strategy - The company focuses on equities and diversified portfolios, ensuring clients benefit from technology stock growth while maintaining investments in defensive options [1] - There is a strong preference for established technology companies and those in consumer staples and discretionary goods, prioritizing company value over market circumstances [1] Group 2: Experience and Expertise - The company has seven years of active investment experience, managing third-party portfolios and analyzing macroeconomic trends, stock valuation, and the interplay between politics and markets [1] - A Master's degree in Economics and experience as a consultant for public and private organizations contribute to the company's analytical capabilities, particularly in financial and economic aspects [1] Group 3: Challenges and Insights - The company acknowledges the difficulty of "buying low and selling high," drawing parallels between the pressures of public tenders and the stress of market crises [1] - The company actively promotes financial inclusion programs for women in finance, recognizing the challenges and the need for further contributions in this area [1]

Core Insights - Rimini Street, Inc. has expanded its partnership with Tidewater, the largest offshore service vessel fleet operator, enhancing its role as a third-party support provider for enterprise software solutions [1][9] Group 1: Partnership Expansion - The partnership began in Brazil, where Tidewater selected Rimini Street for support of its Oracle PeopleSoft ERP system, leading to further collaboration on SAP and tax software solutions [2][4] - Rimini Street's successful engagement in Brazil resulted in a global work award, facilitating a seamless implementation across Tidewater's worldwide operations [2][4] Group 2: Service Offerings - Tidewater expanded its portfolio with Rimini Street to include Rimini Connect™ and Rimini Consult™, addressing interoperability issues and providing tailored professional services [4][5] - Rimini Connect™ is utilized by Tidewater to ensure a disruption-free solution for security patch management, while Rimini Consult offers expertise for consolidating ERP systems [4][5] Group 3: Client Satisfaction - Tidewater's CIO, Lee Johnson, highlighted the effective communication and technical expertise provided by Rimini Street, resulting in cost savings and improved system performance [3][5] - The partnership has enabled Tidewater to automate tax reporting and unlock operational efficiencies, allowing the company to focus on high-value initiatives [6] Group 4: Strategic Value - Rimini Street is recognized as a trusted advisor and strategic partner, helping Tidewater navigate technical challenges and drive innovation [7] - The collaboration is aimed at creating value for Tidewater's business, with a focus on fast and lasting results [5][6]

Core Points - The event is focused on introducing the broader executive leadership team and providing a deeper understanding of the company's operations and strategies [2] Group 1 - The Investor Day 2025 event is attended by various stakeholders, indicating strong interest and engagement from the investment community [1] - The company emphasizes the importance of the event in showcasing its leadership and strategic direction [2]

Rimini Street 2025 Investor Day Summary Company Overview - **Company**: Rimini Street (NasdaqGM:RMNI) - **Event**: 2025 Investor Day held on December 3, 2025 - **Key Speaker**: Seth Ravin, Founder, CEO, and Chairman of the Board Core Industry Insights - **Industry**: Enterprise Software Support and AI Integration - **Focus**: Transitioning from traditional ERP systems to Agentic AI ERP, emphasizing operational efficiency and cost reduction Key Points and Arguments 1. **Company Vision and Strategy**: - Introduction of the executive leadership team and the company's vision for growth, particularly through Agentic AI ERP powered by ServiceNow [2] - Emphasis on broadening the shareholder base post-litigation and increasing sales velocity [5][6] 2. **Financial Performance**: - Achieved over $400 million in recurring revenue with gross margins exceeding 60% [6] - Historical context of litigation with Oracle, which has now been resolved, allowing for future growth [5][10] 3. **Market Dynamics**: - Discussion on the impact of deglobalization on supply chains and manufacturing, highlighting the need for companies to adapt to new trade barriers and labor costs [12][13] - Recognition of the challenges faced by companies in maintaining profitability amidst rising costs and competitive pressures [11] 4. **AI and ERP Transition**: - Assertion that traditional ERP software is reaching its technical limitations, with a shift towards AI-driven processes being necessary for future success [19][21] - Introduction of Agentic AI as a transformative technology that can streamline operations and reduce labor costs by up to 40% [25][36] 5. **Customer Engagement and Support**: - Commitment to providing 24/7 support with experienced personnel, ensuring personalized service for clients [39][40] - Focus on maintaining compliance with tax and regulatory updates, particularly in regions with complex requirements [43] 6. **Innovation and Technology**: - Emphasis on the need for rapid deployment of AI solutions, aiming for implementation within weeks rather than years [59] - Highlighting the importance of integrating AI with existing systems without the need for complete overhauls [29][31] 7. **Global Operations**: - Over 50% of revenue generated from international markets, showcasing the company's global reach [8] - Investment in capability centers in strategic locations to enhance service delivery and support [44] 8. **Client-Centric Approach**: - Continuous feedback loop established to ensure high client satisfaction, with a reported 4.9 out of 5 satisfaction rating [46] - Focus on building long-term relationships with clients through reliable and consistent service [45] Additional Important Insights - **Challenges in AI Adoption**: - Many AI projects are failing, indicating a gap between expectations and reality in AI implementation [22] - The need for companies to rethink labor productivity and automation strategies in light of global workforce challenges [23][24] - **Future Outlook**: - Rimini Street positions itself as a leader in the transition to AI-driven enterprise processes, with a strong belief in the potential of Agentic AI ERP to revolutionize the industry [58] This summary encapsulates the key discussions and insights from Rimini Street's 2025 Investor Day, highlighting the company's strategic direction, market challenges, and innovative approaches to enterprise software support and AI integration.

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Points - Rimini Street, Inc. announced additional stock repurchase transactions, having repurchased a total of 975,000 shares for approximately $3.8 million at an average price of $3.92 per share, reducing outstanding shares by about 1.1% [2][3] - The company has completed $13.3 million in stock repurchases under its $50 million repurchase plan, which was approved in February 2022 and extended through June 2029 [3] - An Investor Day event is scheduled for December 3, 2025, where the company will present its vision, strategy, sales and execution model, financial model, and guidance [4][5] Stock Repurchase Details - In the fourth fiscal quarter of 2025, Rimini Street repurchased 975,000 shares for approximately $3.8 million, averaging $3.92 per share [2] - The total amount spent on stock repurchases under the plan has reached $13.3 million, with $7.6 million executed in fiscal Q3 and Q4 of 2025 [3] Upcoming Events - The Investor Day event will take place on December 3, 2025, from 8:30 AM to 12:00 PM Eastern [7] - CEO Seth Ravin and the executive team will share insights on the company's future direction during this event [4]