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Rimini Street (RMNI) Reports Break-Even Earnings for Q2
Rimini StreetRimini Street(US:RMNI) ZACKS·2025-07-31 22:16

Core Viewpoint - Rimini Street reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.09, and showing no growth compared to the previous year's earnings of $0.07 per share [1][2] Financial Performance - The company posted revenues of $104.11 million for the quarter ended June 2025, which was 1.98% below the Zacks Consensus Estimate, but an increase from $103.12 million year-over-year [2] - Over the last four quarters, Rimini Street has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Rimini Street shares have increased approximately 74.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.2% [3] Future Outlook - The company's earnings outlook will be crucial for determining future stock performance, with current consensus EPS estimates at $0.10 for the upcoming quarter and $0.38 for the current fiscal year [7] - The Zacks Rank for Rimini Street is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which Rimini Street belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]