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

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

Rimini Street Inc (NASDAQ:RMNI) released its earnings results on Thursday, November, 7th. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.06. The company earned $68.95 million during the quarter, compared to the consensus estimate 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 articles about RMNI stock have been trending extremely negative on Tuesday, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Rimini Street earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Rimini Street.

Rimini Street saw a decline in short interest in January. As of January 15th, there was short interest totalling 213,700 shares, a decline of 36.7% from the December 31st total of 337,700 shares. Based on an average daily volume of 56,100 shares, the days-to-cover ratio is presently 3.8 days. Approximately 1.3% of the shares of the company 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), Emerald Expositions Events (EEX), TechTarget (TTGT), 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 $5.14.

Rimini Street has a market capitalization of $345.77 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]