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

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

Rimini Street Inc (NASDAQ:RMNI) posted its quarterly earnings results on Thursday, November, 7th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.06. The business earned $68.95 million during the quarter, compared to analyst estimates of $69.21 million. Rimini Street had a net margin of 2.78% and a negative return on equity of 8.25%. 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 updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) 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 positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rimini Street earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Rimini Street.

Rimini Street saw a drop in short interest in December. As of December 31st, there was short interest totalling 213,700 shares, a drop of 36.7% from the December 15th total of 337,700 shares. Based on an average daily volume of 58,100 shares, the short-interest ratio is presently 3.7 days. Approximately 1.2% of the company's stock are short sold. View Rimini Street's Current Options Chain.

Some companies that are related to Rimini Street include LendingClub (LC), Phreesia (PHR), i3 Verticals (IIIV), Cass Information Systems (CASS), Fiverr International (FVRR), Emerald Expositions Events (EEX), Uxin (UXIN), QuinStreet (QNST), TechTarget (TTGT), B. Riley Financial (RILY), Repay (RPAY), Limelight Networks (LLNW), Resources Connection (RECN), International Money Express (IMXI) and PaySign (PAYS).

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), Precision Drilling (PD), AutoZone (AZO), 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 $4.44.

Rimini Street has a market capitalization of $298.68 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]