RMNI Stock Recent News

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that OSG Corporation, a global leader in the precision manufacturing of cutting tools, rolling dies, and machine parts, has extended its contract with Rimini Street to help accelerate its growth and profitability goals. Following the Rimin.

Rimini Street is transitioning from legacy support to modern platforms, leveraging key partnerships with ServiceNow and Workday for future growth. Despite a slight revenue decline due to winding down the PeopleSoft support business, profitability and free cash flow margins have improved significantly. The business model's recurring revenue, strong client base, and cost-saving value proposition position Rimini well amid economic uncertainty.

Rimini Street is executing a strategic shift from a litigation-defined support vendor to a leaner, more diversified IT services firm, with partnerships like ServiceNow and Workday expanding its market relevance. Despite revenue contraction, the business is financially solid, posting strong gross margins (61%), growing operating cash flow ($33.7M in Q1), and maintaining over $120M in cash reserves. The Oracle litigation, once a major overhang, is materially de-risked, with no financial damages pending and only narrow legacy issues still in play—potentially clearing within the next 12 months.

Squarepoint Ops LLC bought a new stake in Rimini Street, Inc. (NASDAQ:RMNI – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,966 shares of the company’s stock, valued at approximately $40,000. A number of other hedge funds also recently modified their holdings of RMNI. Pacific Ridge Capital Partners LLC raised its holdings in shares of Rimini Street by 33.8% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,545,671 shares of the company’s stock worth $4,127,000 after acquiring an additional 390,131 shares in the last quarter. Brooktree Capital Management raised its holdings in shares of Rimini Street by 10.3% during the fourth quarter. Brooktree Capital Management now owns 3,871,041 shares of the company’s stock worth $10,336,000 after acquiring an additional 361,380 shares in the last quarter. Millennium Manag

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has extended full support coverage for all SAP ECC 6.0 and S/4HANA releases through 2040, without any need to complete a migration to S/4HANA on RISE as required by SAP for clients who want to remain on SAP's Annual Support and receive.

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the appointment of Vijay Kumar as executive vice president (EVP) and chief operating officer (COO). In this role, Mr. Kumar leads product management, service strategy and offerings for Rimini Street's “Support, Optimize and Innovate” solut.

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has been appointed as a Dayforce (NYSE: DAY) Community Partner and has launched Rimini Manage™ for Dayforce with immediate availability. Manage and Extend Dayforce with One Trusted Partner Rimini Manage for Dayforce includes services fo.

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president, treasurer and investor relations, will be presenting and meeting with investors one-on-one and in small group meetings at the following conferences: May 28, 2025: Craig-Ha.

LAS VEGAS--(BUSINESS WIRE)--Knowledge 2025 — Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today at ServiceNow's annual customer and partner event, Knowledge 2025, announced that Apsen Farmacêutica, a Brazilian pharmaceutical manufacturer, has partnered with Rimini Street and ServiceNow to implement a next-generation vision of.

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