Rimini Street (NASDAQ:RMNI - Get Free Report) is anticipated to announce 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 issued its earnings results on Thursday, February 27th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). Rimini Street had a negative return on equity of 83.26% and a negative net margin of 7.87%. The firm had revenue of $114.21 million for the quarter, compared to analyst estimates of $102.57 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 Trading Up 0.9 %
Shares of NASDAQ:RMNI traded up $0.03 on Tuesday, hitting $3.47. The company had a trading volume of 189,407 shares, compared to its average volume of 285,978. Rimini Street has a 1-year low of $1.53 and a 1-year high of $4.15. The stock has a market cap of $316.80 million, a price-to-earnings ratio of -9.38 and a beta of 1.31. The stock has a 50 day moving average price of $3.50 and a 200 day moving average price of $2.79.
Analysts Set New Price Targets
Separately, Alliance Global Partners upgraded shares of Rimini Street from a "neutral" rating to a "buy" rating in a report on Friday, February 28th.
Check Out Our Latest Report on RMNI
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.
See Also
Before you consider Rimini Street, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rimini Street wasn't on the list.
While Rimini Street currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
