Recap: Rimini Street Q1 Earnings

Shares of Rimini Street RMNI were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 0.00% year over year to $0.11, which beat the estimate of ($0.04).

Revenue of $87,895,000 up by 12.64% from the same period last year, which missed the estimate of $88,220,000.

Guidance

Rimini Street Sees Q2 2021 Revs $88.5M-$90.5M Vs $90.49M Est

Details Of The Call

Date: May 10, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/33ppfab3

Price Action

52-week high: $10.72

Company's 52-week low was at $3.04

Price action over last quarter: down 24.06%

Company Profile

Rimini Street Inc is a provider of enterprise software support products and services and the third-party support provider for Oracle and SAP software products based in the United States. Some of its products include Oracle E-business suite, Oracle Retail, Peoplesoft, SAP business suite, and Agile PLM, which are offered to various industries, including manufacturing, public sector companies, retail, and education.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!