NASDAQ:RMNI - Rimini Street Stock Price, Forecast & News

Rimini Street trades on the NASDAQ under the ticker symbol "RMNI."

Rimini Street Inc (NASDAQ:RMNI) issued its quarterly earnings results on Thursday, November, 7th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.06. The company earned $68.95 million during the quarter, compared to analysts' expectations of $69.21 million. Rimini Street had a negative return on equity of 8.25% and a net margin of 2.78%. View Rimini Street's Earnings History.

Rimini Street is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Rimini Street.

Rimini Street issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$71.3-72.3 million, compared to the consensus revenue estimate of $$72.28 million.

News stories about RMNI stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rimini Street earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Rimini Street.

Rimini Street saw a decrease in short interest in January. As of January 15th, there was short interest totalling 213,700 shares, a decrease of 36.7% from the December 31st total of 337,700 shares. Based on an average daily volume of 56,100 shares, the short-interest ratio is currently 3.8 days. Approximately 1.3% of the shares of the stock are short sold. View Rimini Street's Current Options Chain.

Some companies that are related to Rimini Street include Stamps.com (STMP), Viad (VVI), Radware (RDWR), Tabula Rasa HealthCare (TRHC), Qiwi (QIWI), LendingClub (LC), Phreesia (PHR), Conduent (CNDT), i3 Verticals (IIIV), Cass Information Systems (CASS), Fiverr International (FVRR), TechTarget (TTGT), Emerald Expositions Events (EEX), QuinStreet (QNST) and B. Riley Financial (RILY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rimini Street investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Vista Outdoor (VSTO), AutoZone (AZO), Precision Drilling (PD), NanoString Technologies (NSTG) and Designer Brands (DBI).

Shares of RMNI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RMNI stock can currently be purchased for approximately $5.11.

Rimini Street has a market capitalization of $343.75 million and generates $252.79 million in revenue each year. The company earns $-67,960,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Rimini Street employs 1,080 workers across the globe.View Additional Information About Rimini Street.

The official website for Rimini Street is http://www.riministreet.com/.

Rimini Street's mailing address is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. The company can be reached via phone at 702-839-9671 or via email at [email protected]