Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued

Cimmerian/E+ via Getty Images Rimini Street, Inc. (NASDAQ:RMNI) reports recurrent revenue, many clients, and international growth. The company recently announced the reallocation of resources, which could have a beneficial effect on future free cash flow growth. I also appreviate quite a bit that the Board of Directors approved a stock repurchase program, which could accelerate the demand for the stock, and lower the ost of capital. I did identify several risks from the ongoing litigation with Oracle (ORCL) ...