Welcome to our dedicated page for Rimini Street (DE) news (Ticker: $RMNI), a resource for investors and traders seeking the latest updates and insights on Rimini Street (DE) stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rimini Street (DE)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rimini Street (DE)'s position in the market.
News
Rhea-AI Summary
Rimini Street, Inc. (RMNI) will report earnings after market close on February 28, 2024. The company, a global provider of enterprise software support, will discuss fourth quarter and fiscal year 2023 results and provide insights on 2024 during a conference call and webcast.
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End-of-Day
3.5%
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Rimini Street, Inc. (Nasdaq: RMNI) has appointed Gertrude 'Trude' Van Horn as executive vice president and chief information officer. Van Horn brings decades of global IT leadership experience in public and private companies across diverse industries. She is responsible for the vision, direction, and expert execution of the Global IT and Security department's growth strategy.
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End-of-Day
0.3%
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Rimini Street, Inc. celebrates 10 years of successful operations in Japan with the opening of a new and expanded office in Tokyo. The company has grown to nearly 400 clients and is recognized for its exceptional workplace culture, client service, and philanthropic efforts. The expansion reflects the company's commitment to excellence, innovation, and its people.
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Rhea-AI Sentiment
End-of-Day
-2.39%
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Rimini Street, Inc. (Nasdaq: RMNI) Earns Great Place to Work® Certifications for Second Consecutive Year in France, UK, and USA
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Rimini Street, Inc. (Nasdaq: RMNI) Earns Great Place to Work® Certifications in Singapore and Japan, and Ranks Top 50 of India’s Best Workplaces™ in IT & IT-BPM Category
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End-of-Day
-1.23%
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Rimini Street, Inc. (Nasdaq: RMNI) has been chosen by santec to provide professional services and guidance for the strategic separation of the company into four corporations. As a global photonics company, santec has selected Rimini Consult™ for SAP based on their proven history of trust and expert delivery. This strategic move aims to enable greater agility and efficiency for the business in light of increasing cloud adoption, the maturation of 5G, and the rise of hybrid work. Santec's decision to partner with Rimini Street over SAP for this complex project demonstrates their confidence in the expertise and reliability of Rimini's services.
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End-of-Day
-1.51%
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Rimini Street, Inc. (Nasdaq: RMNI) announced findings of the Tech Research Asia Survey Report, highlighting challenges and opportunities for IT leaders in their modernization journey. The survey reveals that most IT modernization programs are over budget and behind schedule, with only marginal improvements for the business.
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Rhea-AI Sentiment
End-of-Day
0.31%
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Rimini Street, Inc. (Nasdaq: RMNI) has announced that MYOB, a leading SaaS provider based in Australia, has selected Rimini ONE™ to streamline and enhance the support of one of its core platforms. This decision allows MYOB’s internal development team to focus on delivering more strategic outcomes for the company. MYOB is a business management platform that brings together key workflows for small and medium-sized enterprises, from finance and supply chain to employee and project management. The company’s ecosystem relies on CRM and ERP solutions that have been fundamental to its operations for decades. MYOB conducted an extensive market scan to find a partner to support these solutions and that could truly comprehend its unique needs. Rimini Street was chosen for its tailored, end-to-end support solutions that meet the unique needs of MYOB and enable them to achieve their business objectives with confidence.
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Rhea-AI Sentiment
End-of-Day
1.9%
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Rimini Street, Inc. (Nasdaq: RMNI) - Pacific Textiles Achieves Significant IT Budget Savings and Improved Uptime with Rimini Street Support
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2.31%
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Rimini Street, a global provider of enterprise software support, announced financial results for Q3 2023. Revenue was $107.5 million, up 5.4% YoY. U.S. revenue was $55.7 million, up 4.3% YoY. International revenue was $51.7 million, up 6.6% YoY. Annualized Recurring Revenue was $416.3 million, up 4.1% YoY. Subscription revenue accounted for 96.9% of total revenue. Operating income was $11.2 million, up from $2.0 million YoY. Net income was $6.8 million, compared to a net loss of $0.4 million YoY.
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Rhea-AI Sentiment
End-of-Day
10.6%
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Rimini Street, Inc. (DE)
Nasdaq:RMNI
RMNI Rankings
RMNI Stock Data
234.60M
39.86M
21.27%
67.09%
4.41%
All Other Business Support Services
Administrative and Support and Waste Management and Remediation Services
United States of America
LAS VEGAS
About RMNI
established in 2005, rimini street is the leading independent provider of enterprise software support for for oracle and sap enterprise software and is opening a huge market with tens of thousands of qualified target prospects. rimini street replaces annual support from oracle and sap with an award-winning support program priced at 50% of the current annual support fees. the company is widely recognized by clients, leading industry analysts (including gartner, forrester, nucleus), and financial analysts as the leader in a large, fast growing market with tremendous upside and an extremely strong value proposition that resonates with cios and cfo’s. with tight it budgets and flat global economic growth, it and procurement professionals are actively looking for proven methods to cut costs while improving service. accelerating company growth •pre-ipo company •nearly 1,000 clients signed industry recognition •named to cio uk’s “20 companies to watch in 2012” annual hotlist of tech