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

Rimini Street

04/08/2021 23:33

* Rimini Street Inc  RMNI.OQ  reported a quarterly adjusted loss
of 10 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
8 cents per share.
* Revenue rose 16.9% to $91.61 million from a year ago; 
analysts expected $89.88 million. 
* Rimini Street Inc's reported EPS for the quarter was a loss
of 6 cents​.
* The mean earnings estimate of analysts had risen by
about 277.8% 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 39.4% this quarter and
gained 93.9% so far this year.
* The company reported a quarterly loss of $4.85 million.
* Wall Street's median 12-month price target for Rimini Street
Inc is $13.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 4 at 10:33 p.m.  ​All
figures in US dollars unless otherwise stated