Rimini Street (NASDAQ:RMNI - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.
Rimini Street (NASDAQ:RMNI - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). Rimini Street had a net margin of 3.80% and a negative return on equity of 73.91%. The company had revenue of $103.12 million during the quarter, compared to analyst estimates of $106.42 million. On average, analysts expect Rimini Street to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rimini Street Price Performance
NASDAQ RMNI remained flat at $1.69 during trading hours on Wednesday. 1,666,211 shares of the company's stock were exchanged, compared to its average volume of 251,753. The firm has a fifty day moving average price of $1.81 and a 200-day moving average price of $2.38. Rimini Street has a 52 week low of $1.55 and a 52 week high of $3.44. The company has a market capitalization of $153.28 million, a PE ratio of 9.39 and a beta of 1.28.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners cut shares of Rimini Street from a "buy" rating to a "neutral" rating in a research report on Wednesday, July 31st.
Read Our Latest Report on Rimini Street
About Rimini Street
(
Get Free Report)
Rimini Street, Inc provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems.
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