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Rimini Street, Inc. (NASDAQ:RMNI ) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Dean Pohl - VP of Investor Relations & Treasurer Michael L. Perica - Executive VP, CFO & Principal Accounting Officer Seth A.
Rimini Street (RMNI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.07 per share a year ago.
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc., (the “Company”) (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 results for the fiscal second quarter ended June 30, 2025. Select Second Quarter 2025 Financial Results Revenue was $104.1 million for the 2025 second quarter, an increase of 1.0% compared to $103.1 million for the same period last ye.
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 the top-ranking higher learning institute in Australia, The University of Melbourne, has engaged Rimini Street to enable greater digital innovation investments for its organization consisting of 55,000 students and 10,000 staff. By se.
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 will report earnings after market close on July 31, 2025. The company will host a conference call and webcast on that date to discuss the second quarter 2025 results and the 2025 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A.
Rimini Street (RMNI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
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.