Recap: Rimini Street Q2 Earnings

Rimini Street RMNI reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Rimini Street missed estimated earnings by 36.36%, reporting an EPS of $0.07 versus an estimate of $0.11.

Revenue was up $9.59 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 3.86% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.050	0.07	0.11	0.08
EPS Actual	0.105	0.86	-0.08	-0.06
Revenue Estimate	95.64M	96.31M	94.89M	89.88M
Revenue Actual	97.91M	99.28M	95.64M	91.61M

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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