Rimini Street, Inc. (RMNI) Analyst/Investor Day Transcript
Rimini Street remains a 'Buy' as Q3 results show strong fundamentals despite a modest revenue dip and market sell-off. RMNI's record backlog, rising billings, stable gross margins, and active share buybacks reinforce long-term value and margin of safety. Short-term profitability softness is offset by a clean balance sheet, net cash position, and transition to higher-growth services.
Rimini Street, Inc. ( RMNI ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Dean Pohl - VP of Investor Relations & Treasurer Seth Ravin - Founder, Chairman, CEO & President Michael Perica - Executive VP, CFO & Principal Accounting Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group LLC, Research Division Brian Kinstlinger - Alliance Global Partners, Research Division Richard Baldry - ROTH Capital Partners, LLC, Research Division Jared Jungjohann - TD Cowen, Research Division Alex Fuhrman - Lucid Capital Markets, LLC, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street, Inc. Q3 2025 Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday, October 30, 2025.
Rimini Street (RMNI) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.22 per share a year ago.
Rimini Street (RMNI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Rimini Street, Inc. (NASDAQ:RMNI ) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Dean Pohl - VP of Investor Relations & Treasurer Michael L. Perica - Executive VP, CFO & Principal Accounting Officer Seth A.
Rimini Street (RMNI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.07 per share a year ago.
Rimini Street (RMNI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Rimini Street is transitioning from legacy support to modern platforms, leveraging key partnerships with ServiceNow and Workday for future growth. Despite a slight revenue decline due to winding down the PeopleSoft support business, profitability and free cash flow margins have improved significantly. The business model's recurring revenue, strong client base, and cost-saving value proposition position Rimini well amid economic uncertainty.
Rimini Street is executing a strategic shift from a litigation-defined support vendor to a leaner, more diversified IT services firm, with partnerships like ServiceNow and Workday expanding its market relevance. Despite revenue contraction, the business is financially solid, posting strong gross margins (61%), growing operating cash flow ($33.7M in Q1), and maintaining over $120M in cash reserves. The Oracle litigation, once a major overhang, is materially de-risked, with no financial damages pending and only narrow legacy issues still in play—potentially clearing within the next 12 months.
Rimini Street (RMNI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Rimini Street, Inc. (NASDAQ:RMNI ) Q1 2025 Earnings Conference Call May 2, 2025 5:00 PM ET Company Participants Dean Pohl - Vice President, Treasurer & Investor Relations Seth Ravin - Chief Executive Officer & President Michael Perica - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good afternoon, ladies and gentlemen and welcome to Rimini Street Q1 2025 Earnings Conference Call. At this time, all lines are in a listen-only mode.