Rimini Street (RMNI) Lags Q3 Earnings and Revenue Estimates

Core Insights - Rimini Street (RMNI) reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share, and down from $0.22 per share a year ago, representing a -20.00% earnings surprise [1] - The company posted revenues of $103.43 million for the quarter ended September 2025, which was 1.22% below the Zacks Consensus Estimate and a decrease from $104.67 million year-over-year [2] - Rimini Street shares have increased approximately 71.9% year-to-date, significantly outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $105.69 million, and for the current fiscal year, it is $0.29 on revenues of $418.72 million [7] - The estimate revisions trend for Rimini Street was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Rimini Street belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]