Rimini Street (NASDAQ:RMNI - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.09 per share and revenue of $103.26 million for the quarter.
Rimini Street (NASDAQ:RMNI - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). The company had revenue of $114.21 million during the quarter, compared to analysts' expectations of $102.57 million. Rimini Street had a negative return on equity of 83.26% and a negative net margin of 7.87%. 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 Stock Performance
Rimini Street stock opened at $3.12 on Thursday. Rimini Street has a fifty-two week low of $1.53 and a fifty-two week high of $4.15. The stock has a market cap of $284.84 million, a price-to-earnings ratio of -8.43 and a beta of 1.31. The stock's 50 day simple moving average is $3.50 and its two-hundred day simple moving average is $2.74.
Wall Street Analysts Forecast Growth
Separately, Alliance Global Partners raised Rimini Street from a "neutral" rating to a "buy" rating in a research note on Friday, February 28th.
View Our Latest Stock Analysis 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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