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

Rimini Street

04/05/2022 22:51

* Rimini Street Inc  RMNI.OQ  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 11.4% to $97.91 million from a year ago; 
analysts
expected $95.64 million. 
    * Rimini Street Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 10% 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 held steady so far this
quarter and
lost 2.8% so far this year.
    * The company reported quarterly net income of $3.09
million.
    * Wall Street's median 12-month price target for Rimini
Street Inc
is $8.25 
    * 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 May 4 at 09:51 p.m.  ​All
figures in US dollars unless otherwise stated