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Rimini Street (RMNI) Reports Break-Even Earnings for Q2
ZACKS· 2025-07-31 22:16
Rimini Street (RMNI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise.Over the last four quarters, the company has surpassed consensus ...
Rimini Street(RMNI) - 2025 Q2 - Earnings Call Transcript
2025-07-31 22:00
Rimini Street (RMNI) Q2 2025 Earnings Call July 31, 2025 05:00 PM ET Speaker0Afternoon, ladies and gentlemen, and welcome to the Rimini Street Q2 twenty twenty five Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Thursday, 07/31/2025. I would now like to turn the conference over to Dean Paul, Vice President of Treasurer and Investor Relations.Please go ahead.Speaker1Thank yo ...
Rimini Street(RMNI) - 2025 Q2 - Quarterly Results
2025-07-31 20:04
Exhibit 99.1 FOR IMMEDIATE RELEASE Rimini Street Announces Fiscal Second Quarter 2025 Financial and Operating Results Subsequent Events Second Quarter Financial Highlights Include: Gross margin of 60.4% compared to 59.1% in the prior year Adjusted Calculated Billings of $107.9 million compared to $103.8 million in the prior year Adjusted EBITDA of $13.0 million compared to $8.8 million in the prior year Revenue Retention Rate of 90% compared to 88% in the prior year LAS VEGAS, July 31, 2025 – Rimini Street, ...
Rimini Street(RMNI) - 2025 Q2 - Quarterly Report
2025-07-31 20:02
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2025 Commission File Number: 001-37397 Rimini Street, Inc. (Exact name of registrant as specified in its charter) Delaware 36-4880301 (State or other jurisdiction o ...
Rimini Street (RMNI) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-07-03 13:51
Group 1 - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score [2] Group 2 - Rimini Street (RMNI) is highlighted as a strong candidate for investment, showing a four-week price change of 19.2% [3] - RMNI has gained 10.3% over the past 12 weeks, indicating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.31, suggesting it moves 31% more than the market in either direction, reflecting fast-paced momentum [4] Group 3 - RMNI has a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - RMNI is trading at a Price-to-Sales ratio of 0.83, suggesting it is undervalued at 83 cents for each dollar of sales [6] Group 4 - RMNI appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [7] - There are over 45 Zacks Premium Screens available to assist in identifying winning stock picks based on various investing styles [8]
Rimini Street: Strategic Growth And Margin Strength
Seeking Alpha· 2025-06-13 20:55
Core Insights - The article emphasizes the importance of identifying investment opportunities where intrinsic value diverges from market price, particularly focusing on undervalued companies [1]. Company Focus - The analysis highlights a specialized interest in Real Estate Investment Trusts (REITs), suggesting that this sector offers significant opportunities for investors due to its unique dynamics and potential for long-term growth [1]. - The investment approach is grounded in fundamental analysis, prioritizing factors such as financial health, competitive positioning, and management quality to ensure sustainable returns [1].
Rimini Street: Litigation Risks Are Out, A Cautious Buy
Seeking Alpha· 2025-06-12 01:51
Group 1 - Rimini Street, Inc. (NASDAQ: RMNI) is a niche player in the enterprise software market, currently involved in legal disputes with Oracle [1] - The company focuses on providing third-party support for enterprise software, which is a significant aspect of its business model [1] - The article emphasizes the potential growth opportunities for Rimini Street amidst its legal challenges, suggesting that the market may not fully recognize its value [1] Group 2 - The author has a strong background in financial modeling and valuation, indicating a thorough analytical approach to evaluating companies like Rimini Street [1] - The focus remains on long-term investing, particularly in sectors such as technology, infrastructure, and internet services, which aligns with Rimini Street's market positioning [1]
Rimini Street(RMNI) - 2025 FY - Earnings Call Transcript
2025-05-29 18:15
Financial Data and Key Metrics Changes - The company has seen a significant uptick in inbound inquiries due to economic pressures, indicating a compelling value proposition for cost savings [8][9] - The decision to wind down the PeopleSoft business, which accounted for 7% of revenue, was made to focus on larger platforms and opportunities [20][23] Business Line Data and Key Metrics Changes - The company is expanding its offerings beyond traditional ERP support to include managed services and professional services, responding to client demand [3][4] - The partnership with ServiceNow is expected to enhance the company's service offerings, allowing clients to modernize their systems without needing to upgrade their existing ERP platforms [27][30] Market Data and Key Metrics Changes - The company is experiencing increased interest in its services as clients seek to manage costs and optimize their existing systems amid economic uncertainty [8][9] - The upcoming end-of-life for SAP ECC in 2027 is driving conversations and opportunities for the company, as clients seek alternatives to forced upgrades [14][15] Company Strategy and Development Direction - The company is shifting towards developing an indirect sales channel through partnerships, which is expected to enhance brand awareness and market reach [11][12] - The focus is on providing clients with options that allow them to retain their existing systems while accessing next-generation technologies [19][23] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the current economic uncertainty as a "new norm," which has led to increased interest in cost-saving measures [9] - The company is optimistic about the next three to five years, anticipating significant market opportunities as clients look for innovative solutions [68] Other Important Information - The company emphasizes the importance of retaining perpetual licenses when transitioning to SaaS platforms, highlighting the value of existing assets [51][59] - The partnership with ServiceNow is seen as a strategic move to provide clients with a comprehensive modernization solution without the need for costly upgrades [36][38] Q&A Session Summary Question: How should investors think about the opportunity as SAP approaches its end-of-life? - Management noted that conversations around SAP have increased significantly, emphasizing the need for clients to have a strategy in place before 2027 [14][15] Question: What is the timeline for revenue generation from the ServiceNow partnership? - Management indicated that meaningful revenue from the ServiceNow partnership is expected next year, but it will take time to fully develop [40] Question: Why are system integrators (SIs) reaching out to the company now? - SIs are contacting the company because clients are looking for solutions to implement enterprise-wide AI without the constraints of vendor-specific platforms [48]
Here Is Why Bargain Hunters Would Love Fast-paced Mover Rimini Street (RMNI)
ZACKS· 2025-05-07 13:51
Group 1 - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for momentum stocks is challenging, as they may lose momentum if their valuations exceed future growth potential [1] - A safer investment strategy involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score [2] Group 2 - Rimini Street (RMNI) is highlighted as a strong candidate for momentum investing, showing a four-week price change of 0.6% and a 16.4% gain over the past 12 weeks [3][4] - RMNI has a beta of 1.33, indicating it moves 33% more than the market, suggesting strong momentum [4] - The stock has a Momentum Score of B, indicating a favorable time to invest, and it has a Zacks Rank 2 (Buy) due to positive earnings estimate revisions [5][6] Group 3 - RMNI is trading at a Price-to-Sales ratio of 0.72, suggesting it is undervalued, as investors pay only 72 cents for each dollar of sales [6] - The stock's favorable valuation and momentum characteristics indicate significant potential for growth [7] - Other stocks also meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing additional investment opportunities [7]
Rimini Street(RMNI) - 2025 Q1 - Earnings Call Presentation
2025-05-02 07:20
Investor Presentation Spring 2025 Property of Rimini Street ©2025 | Proprietary and Confidential 1 LEGAL DISCLAIMER © 2025 Rimini Street, Inc. All rights reserved. "Rimini Street" is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimi ...