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.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

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, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that it has selected London to host this year's annual £50,000 RMNI LOVE Grant Program, Rimini Street's self-funded charitable program that provides financial contributions, in-kind donations and employee volunteer hours to non-pro.

Rimini Street Selects London for 2024 £50,000 RMNI LOVE Charitable Grant Program

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 it will report earnings after market close on February 28, 2024. The company will host a conference call and webcast on that date to discuss the fourth quarter and fiscal year 2023 results and offer commentary on 2024 at 5:00 p.m.

Rimini Street to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 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 a Salesforce and AWS partner, today announced the appointment of Gertrude 'Trude' Van Horn as executive vice president and chief information officer. As the CIO of Rimini Street, Van Horn is responsible for the vision, direction, and expert execution of the Global IT and Secu.

Rimini Street Appoints Gertrude Van Horn as CIO

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 is celebrating ten successful years since the launch of its Japan operations. The milestone was marked by the opening of a new and expanded office in Tokyo, built to accommodate its growing number of employees and serve as a hub for strategic meet.

Rimini Street Japan Celebrates 10 Years of Extraordinary Client Service and Regional Success

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 it has earned Great Place to Work® Certifications for the second consecutive year in France, UK, and the USA. This honor follows similar recognitions in Australia/New Zealand, India, Israel, Japan, Korea, and Singapore, a Top.

Rimini Street Earns Prestigious Great Place to Work® Certifications for Second Consecutive Year in France, UK, and USA

Rimini Street (RMNI) rides on the growing adoption of Rimini Consult for SAP as santec selects the platform for assistance in its separation into four entities.

Rimini Street (RMNI) Rides on Growth of Rimini Consult for SAP

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 it has earned a Great Place to Work® Certification in Singapore for the first time and in Japan for a second consecutive year, and was recognized among Top 50 India's Best Workplaces™ in IT & IT-BPM 2023 category. Rimini.

Rimini Street is Recognized with Great Place to Work® Certifications in Singapore and Japan, and Ranked Top 50 of India's Best Workplaces™ in IT & IT-BPM Category

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 santec has selected Rimini Consult™ for SAP to provide professional services and guidance for the strategic separation of the company into four corporations. As a Rimini Support™ for SAP client since 2018, the decision to sele.

santec Leverages Rimini Consult™ to Comprehensively Restructure its SAP Systems in Support of Major Corporate Restructuring

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 findings of the Tech Research Asia Survey Report, “Operational Excellence is a Key Part of System Modernisation,” examining the challenges, opportunities, and priorities of CIOs and CTOs in their modernization journey. The Rimini S.

CIOs and CTOs Across Australia and New Zealand Struggle Balancing IT Modernization Efforts with Business Growth and Profitability, According to New Survey

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 MYOB, a leading SaaS provider based in Australia, has selected Rimini ONE™ to streamline and enhance the support of one of its core platforms. The decision allows MYOB's internal development team to focus on delivering more strateg.

Rimini ONE™ Helps MYOB Achieve System Reliability and Operational Efficiency

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 Pacific Textiles, a global leader in the textile manufacturing industry, has selected Rimini Support™ to support its highly customized, mission-critical S/4HANA implementation, the backbone of their manufacturing operations. R.

Pacific Textiles Chooses Rimini Support™ for Faster, More Comprehensive Coverage and Care of SAP S/4HANA System

Rimini Street (RMNI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Rimini Street (RMNI) Might be Well Poised for a Surge

Rimini Street, Inc. (NASDAQ:RMNI ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Dean Pohl - Vice President, Investor Relations Seth Ravin - CEO and President Michael Perica - EVP & Chief Financial Officer Conference Call Participants Derrick Wood - Cowen Jeff Van Rhee - Craig-Hallum Brian Kinstlinger - Alliance AGP Operator Good day and thank you for standing by and welcome to the Rimini Street Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Rimini Street, Inc. (RMNI) Q3 2023 Earnings Call Transcript

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 financial and operating results for the fiscal third quarter ended September 30, 2023. “For the third quarter of 2023, we saw our end-to-end ERP outsourcing solution, Rimini ONETM, and our solutions for SAP products continue to gai.

Rimini Street Announces Fiscal Third Quarter 2023 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 a Salesforce and AWS partner, today announced findings of the Censuswide Buyers Sentiment Survey, “IT Leaders are Considering a New Support and Services Model,” examining the challenges of ERP and database support, vendor relationship management, and the need for a better IT s.

CIOs and CTOs Struggle with Multiple Vendor-Based Support and Services Model, According to New Survey

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 availability of Rimini Support™, Rimini Manage™ and Rimini Consult™ for ClickSoftware. The expanded solution enables Salesforce® ClickSoftware on-premises licensees to maximize the value of their mission-critical ClickSoftware.

Rimini Street Announces Support, Managed and Consulting Services for Salesforce® ClickSoftware to Extend Life and Value of Client Deployments Beyond December 31, 2023 End-of-Life Deadline

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 its expansion of Salesforce services to include Rimini Consult™ for Salesforce®. Rimini Consult for Salesforce offers functional and technical consulting, project design, and strategic planning services to help Rimini Street client.

Rimini Street Expands its Salesforce Solutions to Include Rimini Consult™ for Salesforce®

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 it will report earnings after market close on November 1, 2023. The company will host a conference call and webcast on that date to discuss the third quarter 2023 results and outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A.

Rimini Street to Report Third Quarter 2023 Financial Results on November 1, 2023

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 the company will participate in three global Gartner IT Symposium/Xpo events this fall, following the exhibition and presentation at IT Symposium Gold Coast earlier this month. Rimini Street will lead sessions and host insight.

Rimini Street Presenting at Gartner® IT Symposium/Xpo™ Events Across the Globe

LAS VEGAS--(BUSINESS WIRE)-- #riministreet--Rimini Street today announced that it has earned the Great Place to Work Certification in India for a second time.

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 Buyers Sentiment Survey, “Organizations Want More Control Over Their IT Roadmap,” examining the challenges IT leaders face around ERP and database support, vendor relationship management, and the IT s.

CIOs and CTOs Fight to Regain Control of Their IT Roadmap from Software Vendors, According to New Survey

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 expansion of Rimini Support™ for SAP products to include SAP Industry Solutions. SAP Licensees Face Uncertainty and Additional Cost When Migrating Industry Capabilities to S/4HANA Licensees running SAP Industry Solutions with E.

Rimini Street Announces Rimini Support™ for SAP Industry Solutions, Maximizing Value and Extending the Lifespan of Critical 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 a Salesforce and AWS partner, today reaffirmed its guaranteed availability of 15 additional years of worry-free, significantly improved support and managed services for the tens of thousands of SAP ECC and S/4HANA on-premises licensees. As pressures mount for SAP ECC licensees.

Rimini Street Reaffirms Guarantee of 15 Additional Years of Support and Managed Services for SAP ECC and S/4HANA On-Premises Clients, Providing Maximum ROI and Enabling Innovation Without Forced Migrations to S/4HANA Cloud

Rimini Street (RMNI) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.07 per share a year ago.

Rimini Street (RMNI) Q2 Earnings Lag 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 financial and operating results for the second quarter ended June 30, 2023. “For the second quarter of 2023, we were pleased to achieve the largest second quarter total sales invoicing in North American history, which we believe is.

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