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

Rimini Street

02/11/2022 21:03

* Rimini Street Inc  RMNI.OQ  reported quarterly adjusted
earnings
of 9 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue rose 6.6% to $101.93 million from a year ago;
analysts
expected $101.94 million. 
    * Rimini Street Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
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 18.7% this
quarter and
lost 7.4% so far this year.
    * The company reported a quarterly loss of $405 thousand.
    * 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 November
2 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.12           0.09           Missed
 Jun. 30 2022      0.11           0.07           Missed
 Mar. 31 2022      0.06           0.10           Beat
 Dec. 31 2021      0.07           0.77           Beat