Rimini Street

Rimini Street, Inc. engages in the provision of enterprise software support products and services. It offers global tax, legal, and regulatory update, security support, proactive support, advanced technology, license advisory and onboarding and archiving services. The company was founded by Seth A. Ravin and Thomas C. Shay on September 8, 2005 and is headquartered in Las Vegas, NV.

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Rimini Street posts record revenue, eyes global expansion in 2023

Rimini Street reported record revenue and client base growth in Q4 2022, supported by strong subscription renewals and multi-million dollar sales wins.
The company's focus on global marketing, new product introductions, and strategic investments underscores its commitment to long-term growth and profitability.
While facing challenges in North America and ongoing litigation, Rimini Street remains confident in its positioning and optimistic about revenue opportunities in 2023.
With a solid financial performance, improved operational metrics, and a cash balance of $129 million, Rimini Street is poised for continued success and expansion.

Rimini Street reports record revenue, maintains guidance amidst market opportunities

Rimini Street's Q1 2023 performance reflects solid revenue growth, effective cost management, and maintained revenue guidance, positioning the company for future success.
The company's strengths lie in its expanded solutions portfolio, successful sales, and focus on innovation and staff, driving market acceptance and growth potential.
Challenges include ongoing litigation risks, managing operating expenses, and the need for effective execution to capitalize on market opportunities.
Opportunities abound in the strong demand for IT services consolidation, diverse product offerings, and a positive market outlook for future growth.

Rimini Street reports record revenue amid legal challenges with Oracle

Rimini Street delivered strong financial results in Q2 2023, maintaining a robust balance sheet and backlog amidst legal uncertainties.
The company's evolution into a global enterprise software support provider and focus on sales execution highlight its resilience and market positioning.
While challenges from ongoing litigation persist, Rimini Street's opportunities for growth remain promising, supported by strong demand and client savings.

Rimini Street reports solid Q3 earnings amidst market challenges

Rimini Street's Q3 performance reflects resilience in revenue growth, operational efficiency, and cost management despite challenges and market dynamics.
The company's strengths lie in its strategic focus on client needs, global operations, and financial discipline, positioning it for sustained growth.
Addressing challenges such as litigation, market dynamics, and cost pressures while capitalizing on opportunities can drive future success and market expansion.
Overall, Rimini Street's Q3 earnings call highlights a balanced approach to navigating challenges, leveraging strengths, and pursuing growth opportunities.

Rimini Street reports strong growth and strategic shifts in Q4

Rimini Street showcased strong performance in sales and financial metrics, underlining its growth trajectory and market positioning.
While facing challenges like ongoing litigation and sales strategy adjustments, the company's focus on expanding offerings and client base presents growth opportunities.
Strategic initiatives like incentivizing new client acquisition and balancing cross-selling efforts can drive future success and market competitiveness.

Rimini Street reports steady Q1 growth amidst sales challenges

Rimini Street's Q1 2024 performance showed revenue growth and strong recurring revenue, despite challenges in billings and margin decline.
The company's strengths lie in delivering cost savings, driving global growth, and focusing on client needs, while facing challenges in sales and expenses.
Opportunities include optimizing financial flexibility, leveraging new product offerings, and exploring cost-saving strategies through interest rate management.

Rimini Street reports Q2 revenue decline, focuses on cost efficiency

Rimini Street's Q2 2024 performance reflects mixed results with revenue decline but increased billings and cost reductions.
The company faces challenges in revenue retention and sales growth, exacerbated by contract roll-offs and ongoing litigation.
Opportunities lie in strategic realignment, exploring new revenue streams, and enhancing operational efficiency for long-term growth.

Rimini Street reports billings growth, faces Oracle litigation challenges

Rimini Street delivered solid performance with billings growth and new client wins
Facing challenges from ongoing litigation with Oracle impacting financial guidance
Strategic partnerships and service expansions present growth opportunities
Need to address cost-cutting, client retention, and sales strategies for future success

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LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced that Gunung Raja Paksi (GRP) has selected Rimini Support™ for S/4HANA to provide comprehensive, proven support for its mission-critical system. This strategic move for the leading Indonesian private steel manufacturer has enabled the funding and staffing.

GRP Partners with Rimini Street to Support its S/4HANA Systems and Smart Factory Project

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced new and expanded database security services and solutions to provide more tailored, flexible and proactive coverage for all organizations, whether currently supported by the vendor or out of vendor support. Rimini Protect™ Advanced Database Security Suite.

Rimini Street Announces Expansion of its Database Security Solutions Providing Even More Extensive Security and Compliance Capabilities for Most Common Commercial and Open-Source Databases

Rimini Street, Inc. (NASDAQ:RMNI ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Dean Pohl – Vice President, Treasurer and Investor Relations Seth Ravin – Chief Executive Officer and President Michael Perica – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Jeff Van Rhee – Craig-Hallum Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q3 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.

Rimini Street, Inc. (RMNI) Q3 2024 Earnings Call Transcript

Rimini Street (RMNI) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.14 per share a year ago.

Rimini Street (RMNI) Beats Q3 Earnings and Revenue Estimates

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the fiscal third quarter ended September 30, 2024. Select Third Quarter 2024 Financial Highlights Revenue was $104.7 million for the 2024 third quarter, a decrease of 2.6% compared to $107.5 million for the same period.

Rimini Street Announces Fiscal Third Quarter 2024 Financial and Operating Results

ServiceNow

SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow and Rimini Street partner on new enterprise software model to unlock value in existing ERP systems.

ServiceNow and Rimini Street partner on new enterprise software model to unlock value in existing ERP systems for net-new innovation, digital growth and scale

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, today announced it will report earnings after market close on October 30, 2024. The company will host a conference call and webcast on that date to discuss the third quarter 2024 results and the fourth quarter 2024 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live webcast of the event will be available on Rimini Street's Investor Relat.

Rimini Street to Report Third Quarter 2024 Financial Results on October 30, 2024

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced that Mercury NZ has selected Rimini Support™ and Rimini Watch™ for SAP, as part of its strategic move to achieve cost efficiencies and retain stability of its core IT systems after its acquisition of the Trustpower retail business. Having achiev.

Mercury NZ Selects Rimini Street to Provide Support and Monitoring Services for its SAP Systems

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced that Standard Foods Corporation has selected Rimini Support™ for SAP, enabling it to achieve significant cost savings, improve quality of support for its mission-critical SAP systems, and reallocate IT resources towards projects that will drive.

Standard Foods Partners With Rimini Street to Fund AI-Powered Predictive Data Analytics Project

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, announces the successful global adoption of its VMware support, security and consulting services by clients headquartered across four continents. Rimini Street's VMware clients are experiencing improved service levels and peace-of-mind as they extend the life a.

Rimini Street Support for VMware Selected by Clients Across 4 Continents

Rimini Street, Inc. reports strong recurring revenue, a diversified client base, and international growth, with a market cap under $300 million and positive free cash flow. The company is reallocating resources, optimizing costs, and implementing a stock repurchase program, which could enhance free cash flow growth and lower the cost of capital. Risks include ongoing litigation with Oracle, potential price changes from software vendors, and a large shareholder selling shares, which could impact net income growth.

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

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, proudly announces that Rimini Street India has been awarded as one of the Best Workplaces™ for Millennials, and Rimini Street Australia has been honored as a Great Place to Work® 2024. Great Place to Work® is the global authority on workplace culture, employee.

Rimini Street Honored as Best Workplaces™ for Millennials 2024 India and a Great Place to Work® Australia

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced that TrustRadius has recognized Rimini Street with a 2024 Tech Cares Award. This award celebrates companies that excel in their corporate social responsibility initiatives, “dedicated to driving beneficial progress throughout their organization.

Rimini Street Earns 2024 Tech Cares Award from TrustRadius

Rimini Street, Inc. (NASDAQ:RMNI ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Dean Pohl - VP, Treasurer and IR Seth Ravin - President and CEO Michael Perica - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good afternoon ladies and gentlemen and welcome to the Rimini Street Q2 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Rimini Street, Inc. (RMNI) Q2 2024 Earnings Call Transcript

Rimini Street (RMNI) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.10 per share a year ago.

Rimini Street (RMNI) Q2 Earnings and Revenues Miss Estimates

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the fiscal second quarter ended June 30, 2024. Select Second Quarter 2024 Financial Highlights Revenue was $103.1 million for the 2024 second quarter, a decrease of 3.1% compared to $106.4 million for the same period la.

Rimini Street Announces Fiscal Second Quarter 2024 Financial and Operating Results

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced it will report earnings after market close on July 31, 2024. The company will host a conference call and webcast on that date to discuss the second quarter 2024 results and the third quarter 2024 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific.

Rimini Street to Report Second Quarter 2024 Financial Results on July 31, 2024

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced the winners of its third annual RMNI LOVE™ Grant Program, each receiving £10,000 to further their significant impact for their respective communities served. The final winners of the program were Children Ahead, Fight Against Blindness (FAB), Pa.

Rimini Street Announces the 2024 RMNI LOVE™ £50,000 Grant Program Winners

CommScope Hld

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LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that Rimini Street India has placed in the Top 20th ranking for India's Great Mid-Size Workplaces 2024, a recognition building on the recently earned Top 50 India's Best Workplaces™ in IT & IT-BPM 2023 category and Great Place.

Rimini Street India Places Top 20th in Nation as India's Great Mid-Size Workplaces 2024

Samsara

PHOENIX--(BUSINESS WIRE)-- #EstatePlanning--Wealth.com, the industry's leading estate planning platform, today unveils its latest innovation: Family Office Suite™, a cutting-edge collection of estate management technologies designed for highly complex estates. The Family Office Suite is specifically tailored to the needs of firms that service high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families, enabling their advisors and in-house wealth strategists to deliver incredible estate planning.

Wealth.com Launches New Family Office Suite™, Strengthens Legal Team With Addition of David Haughton, JD, CPWA®

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the findings of the Censuswide survey, “C-suite Imperatives: Evolving IT and Enterprise Investments.” The Rimini Street-sponsored research was conducted among nearly 3,000 CFOs and CIOs around the globe, examining the relationship.

Independent Survey of Nearly 3,000 Global CFOs and CIOs Reveals Growing Demand for Results and ROI from IT Investments and Decisions

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that Ricoh Company, Ltd., a global leader in image processing and digital transformation solutions, has selected Rimini Support™ and Rimini Protect™ to safeguard and optimize its existing Oracle EBS and Oracle Database environments.

Ricoh Selects Rimini Street to Optimize and Secure its Oracle EBS and Oracle Database Instances

SAN MATEO, Calif.--(BUSINESS WIRE)--Openprise, a leader in revenue operations (RevOps) data automation, today announced that Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner — has automated data processes and manual tasks using Openprise RevOps Data Automation (RDA) Cloud and its out-of-the-box solutions. “In just a few mon.

Rimini Street Advances Data Quality with the Openprise RevOps Data Automation Cloud

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that Americanas Group has selected Rimini Street and its Rimini Manage™ for SAP service to take over governance, management, control and operation of the 95-year-old retailer's vast, complex and evolving SAP system landscape that s.

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