Rimini StreetRMNI
RMNI
About: Rimini Street Inc and its subsidiaries are providers of end-to-end enterprise software support, products, and services. The Company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, database, and technology software platforms. The Company derives revenues from clients by providing subscription support services for enterprise resource planning, customer relationship management, product lifecycle management database, and technology software systems. Geographically, the company generates the majority of its revenue from the United States of America and the International market.
Employees: 2,000
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2,200% more call options, than puts
Call options by funds: $23K | Put options by funds: $1K
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
32% more capital invested
Capital invested by funds: $156M [Q4 2024] → $206M (+$50M) [Q1 2025]
14% more funds holding
Funds holding: 99 [Q4 2024] → 113 (+14) [Q1 2025]
0.46% more ownership
Funds ownership: 64.33% [Q4 2024] → 64.8% (+0.46%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
Research analyst outlook
We haven’t received any recent analyst ratings for RMNI.
Financial journalist opinion
Based on 5 articles about RMNI published over the past 30 days
Positive
Seeking Alpha
1 day ago
Rimini Street: Strategic Growth And Margin Strength
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.
Neutral
Seeking Alpha
3 days ago
Rimini Street: Litigation Risks Are Out, A Cautious Buy
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.
Neutral
Business Wire
1 week ago
Rimini Street Announces the Extension of Support for All SAP ECC 6.0 and S/4HANA Releases Through 2040
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has extended full support coverage for all SAP ECC 6.0 and S/4HANA releases through 2040, without any need to complete a migration to S/4HANA on RISE as required by SAP for clients who want to remain on SAP's Annual Support and receive.
Neutral
Business Wire
2 weeks ago
Rimini Street Appoints Vijay Kumar as EVP and Chief Operating Officer
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the appointment of Vijay Kumar as executive vice president (EVP) and chief operating officer (COO). In this role, Mr. Kumar leads product management, service strategy and offerings for Rimini Street's “Support, Optimize and Innovate” solut.
Neutral
Business Wire
3 weeks ago
Rimini Street Launches Rimini Manage™ for Dayforce
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has been appointed as a Dayforce (NYSE: DAY) Community Partner and has launched Rimini Manage™ for Dayforce with immediate availability. Manage and Extend Dayforce with One Trusted Partner Rimini Manage for Dayforce includes services fo.
Neutral
Business Wire
1 month ago
Rimini Street Announces Upcoming 2025 Investor Conference Schedule
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president, treasurer and investor relations, will be presenting and meeting with investors one-on-one and in small group meetings at the following conferences: May 28, 2025: Craig-Ha.
Neutral
Business Wire
1 month ago
Rimini Street and ServiceNow Partner with Apsen Farmacêutica to Deliver a Next-Generation Vision of Enterprise-Wide Workflow Automation
LAS VEGAS--(BUSINESS WIRE)--Knowledge 2025 — Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today at ServiceNow's annual customer and partner event, Knowledge 2025, announced that Apsen Farmacêutica, a Brazilian pharmaceutical manufacturer, has partnered with Rimini Street and ServiceNow to implement a next-generation vision of.
Positive
Zacks Investment Research
1 month ago
Here Is Why Bargain Hunters Would Love Fast-paced Mover Rimini Street (RMNI)
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.
Neutral
Seeking Alpha
1 month ago
Rimini Street, Inc. (RMNI) Q1 2025 Earnings Call Transcript
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.
Positive
Zacks Investment Research
1 month ago
Rimini Street (RMNI) Matches Q1 Earnings Estimates
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.
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