Recap: Rimini Street Q1 Earnings

Rimini Street RMNI reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Rimini Street beat estimated earnings by 50.0%, reporting an EPS of $0.12 versus an estimate of $0.08.

Revenue was up $7.60 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 8.05% increase in the share price the next day.

Here's a look at Rimini Street's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.09	0.12	0.11	0.050
EPS Actual	0.17	0.09	0.07	0.105
Revenue Estimate	103.90M	101.94M	99.22M	95.64M
Revenue Actual	108.62M	101.93M	101.20M	97.91M

To track all earnings releases for Rimini Street visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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