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

Rimini Street

01/03/2023 22:49

* Rimini Street Inc  RMNI.OQ  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 9.4% to $108.62 million from a year ago;
analysts
expected $103.90 million. 
    * Rimini Street Inc's reported EPS for the quarter was a
loss of 6
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rimini Street Inc shares had risen by 12.3% this quarter.
    * The company reported a quarterly loss of $5.27 million.
    * Wall Street's median 12-month price target for Rimini
Street Inc
is $7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 10:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.09           0.17           Beat
 Sep. 30 2022      0.12           0.09           Missed
 Jun. 30 2022      0.11           0.07           Missed
 Mar. 31 2022      0.06           0.10           Beat