Rimini Street Inc reports results for the quarter ended in December - Earnings Summary

Rimini Street

02/03/2022 23:40

* Rimini Street Inc  RMNI.OQ  reported quarterly adjusted
earnings
of 77 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue rose 13% to $99.28 million from a year ago; 
analysts
expected $96.31 million. 
    * Rimini Street Inc's reported EPS for the quarter was 77
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Rimini Street Inc shares had fallen by 25.3% this quarter.
    * The company reported quarterly net income of $70.06
million.
    * Wall Street's median 12-month price target for Rimini
Street Inc
is $9.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 2 at 11:40 p.m.  ​All
figures in US dollars unless otherwise stated