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.
Rimini Street (RMNI) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.
Rimini Street, Inc. (NASDAQ:RMNI ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Dean Pohl - Vice President, Treasurer and Investor Relations Seth Ravin - CEO, President & Chairman of the Board Michael Perica - EVP & Chief Financial Officer Conference Call Participants Brian Kinstlinger - AGP Jared Jungjohann - TD Cowen Jeff Van Rhee - Craig-Hallum Richard Baldry - ROTH Capital Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q4 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.
Rimini Street (RMNI) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.19 per share a year ago.
Rimini Street, Inc. (NASDAQ:RMNI ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Dean Pohl – Vice President, Treasurer and Investor Relations Seth Ravin – Chief Executive Officer and President Michael Perica – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Jeff Van Rhee – Craig-Hallum Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q3 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.
Rimini Street (RMNI) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.14 per share a year ago.