Rimini Street, Inc. (RMNI) Misses Q3 EPS by 52c, contiues to suspend outlook

Rimini Street, Inc. (NASDAQ: RMNI) reported Q3 EPS of ($0.47), $0.52 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $104.7 million versus the consensus estimate of $101.12 million.

2024 Business Outlook

The Company is continuing to suspend guidance until there is more clarity around impacts from current litigation activity before the U.S. Federal courts in the Company’s ongoing litigation with Oracle.

The Company is continuing to suspend guidance until there is more clarity around impacts from current litigation activity before the U.S. Federal courts in the Company’s ongoing litigation with Oracle.

For earnings history and earnings-related data on Rimini Street, Inc. (RMNI) click here.

You May Also Be Interested In

• JPMorgan Starts ICICI Prudential Asset Management (ICICIAMC:IN) at Overweight
• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• JPMorgan Starts Angel One Ltd (ANGELONE:IN) at Overweight