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 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 enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that Yarra Valley Water switched to Rimini Street support for its entire Oracle software portfolio, which includes Oracle Database, Oracle Middleware and Oracle Utilities Customer Care and Billing applications. Enabling Digital Transformation While M

Yarra Valley Water Enhances Customer Experience and Fuels Digital Transformation Journey by Moving Oracle Software Portfolio to Rimini Street

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president of Investor Relations, will present at the 24th Annual Needham Growth Conference on January 14, 2022, at 2 p.m. Eastern Time. Participants can watch live at the following l

Rimini Street to Present at the 24th Annual Needham Growth Conference

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has been granted a patent by the United States Patent and Trademark Office (USPTO) for its proprietary artificial intelligence (AI) based application, Case Assignment Advisor. The Case Assignment Advisor resolves the challenge of identifying and as

Rimini Street Granted U.S. Patent for its Artificial Intelligence-based Case Assignment Advisor

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has been awarded the 2021 Asia Pacific Best Practices Award for Third-Party Enterprise Software Support Services Company of the Year by leading research and consulting firm Frost & Sullivan. The recognition recognizes Rimini Street's commitment

Rimini Street Wins Frost & Sullivan Best Practices Award for Third-Party Enterprise Software Support Services Company of the Year

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Rimini Street won the 2021 People's Choice Stevie® Awards for Favorite Computer Services Company. The International Business Awards are the world's premier business awards program. The People's Choice Stevie Awards for Favorite Computer Services

Rimini Street Awarded 2021 Stevie People's Choice Award for Favorite Computer Services Company

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that CHG Healthcare, the nation's largest privately-held healthcare staffing company, has switched to Rimini Street support for its JD Edwards software. By switching support providers, CHG Healthcare now has an extension of its in-house IT team that i

CHG Healthcare Switches to Rimini Street to Achieve Better System Availability, Smoother Operation and Enhanced Outcomes for 25 Million Patients Annually

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Leading Brazil automotive parts and service retail chain leverages award-winning support to free up resources to provide a better digital experience

DPaschoal Group Switches to Rimini Street Support for SAP as Part of Strategy to Improve its Digital Customer Experience

Rimini Street's (RMNI) CEO Seth Ravin on Q3 2021 Results - Earnings Call Transcript

Rimini Street (RMNI) delivered earnings and revenue surprises of -54.55% and 0.79%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Rimini Street (RMNI) Q3 Earnings Lag Estimates

LAS VEGAS--(BUSINESS WIRE)---- $RMNI #RMNI--Quarterly revenue of $95.6 million, up 15.9% year over year; 2,793 Active Clients at September 30, 2021, up 18.1% year over year

Rimini Street Announces Fiscal Third Quarter 2021 Financial Results

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Newly created leadership roles part of Company's strategic plan to accelerate growth across the full breadth of the Company's solutions portfolio

Rimini Street Appoints Seasoned Industry Experts to Key Global Leadership Roles

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Company promotes Emmanuel Richard to run entire Theatre and Gala Lyne to run East Region as part of strategic plan to accelerate NA revenue growth

Rimini Street Promotes and Appoints Successful North American Leaders to Expanded Leadership Roles

LAS VEGAS--(BUSINESS WIRE)-- #ERP--New OCTO team will assist in creating and executing a smart path to achieving strategic IT, operational and financial goals

Rimini Street Appoints Seasoned Technologist as CTO and Announces New Office of the Chief Technology Officer to Help Prospects and Clients with Innovative Enterprise Software and Technology Solutions and Roadmaps

LAS VEGAS--(BUSINESS WIRE)-- #FlyPAL--Flagship airline reinvests support cost savings to enhance operational capacities and accelerate post-pandemic recovery

Philippine Airlines Boosts Digital Transformation by Switching to Rimini Street Support for its Oracle Footprint

Rimini Street (RMNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rimini Street (RMNI) Reports Next Week: Wall Street Expects Earnings Growth

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Leading food ingredients manufacturer advances strategic business initiatives and overseas expansion by optimizing support for its JDE Software

Mitsubishi Corporation Life Sciences to Accelerate Next Wave of Digital Transformation and Business Growth by Switching to Rimini Street Support

LAS VEGAS--(BUSINESS WIRE)--Rimini Street Announces Upcoming Virtual Investor Conference Schedule

Rimini Street Announces Upcoming Virtual Investor Conference Schedule

LAS VEGAS--(BUSINESS WIRE)--Rimini Street to Report Third Quarter 2021 Financial Results n November 3, 2021

Rimini Street to Report Third Quarter 2021 Financial Results on November 3, 2021

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that ENEX, a leading furniture manufacturer in South Korea, has switched to Rimini Street Support for its mission-critical SAP system. As a result of switching support providers, ENEX was able to immediately reduce its annual support fees and redirect

Leading South Korean Furniture Manufacturer Empowered to Focus on IT Modernization Goals After Switching to Rimini Street Support

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Updates support new higher education student data reporting regulations

Open Universities Australia Leverages Rimini Street's Proven Tax, Legal and Regulatory Expertise to Meet New Government Requirements

The stock price of Rimini Street Inc (NASDAQ: RMNI) increased by over 3% today. This is why it happened.

RMNI Stock: Why It Increased Today

Rimini Street (RMNI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Rimini Street (RMNI) Surges 5%: Is This an Indication of Further Gains?

LAS VEGAS & LONDON--(BUSINESS WIRE)-- #BestWorkplaces--Rimini Street receives employee recognition for a consistently great workplace experience for second consecutive year

Rimini Street UK Once Again Ranked in the Top 20 for 2021 UK's Best Workplaces™ in Tech

LAS VEGAS--(BUSINESS WIRE)-- #RMNI--Company adds seasoned executives to its board who bring a combined 50+ years of technology experience

Rimini Street Introduces Board Members Jay Snyder and Katrinka McCallum

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Great Place to Work® India has recognized Raju Gadiraju, managing director of Rimini Street India Operations Private Ltd., as one of the top 25 of India's Best Leaders in Times of Crisis 2021. In a study conducted by Great Place to Work® India an

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