Rimini Street: Q1 Earnings Insights

Rimini Street RMNI reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

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

Rimini Street beat estimated earnings by 110.0%, reporting an EPS of $0.105 versus an estimate of $0.05.

Revenue was up $10.02 million from the same period last year.

Last quarter the company beat on EPS by $0.79 which was followed by a 26.27% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.07	0.11	0.08	-0.04
EPS Actual	0.86	-0.08	-0.06	0.11
Revenue Estimate	96.31M	94.89M	89.88M	88.22M
Revenue Actual	99.28M	95.64M	91.61M	87.89M

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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