Rimini Street Announces Fiscal Third Quarter 2024 Financial and Operating Results [Yahoo! Finance]
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Yahoo! Finance
and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the fiscal third quarter ended September 30, 2024. Select Third Quarter 2024 Financial Highlights Revenue was $104.7 million for the 2024 third quarter, a decrease of 2.6% compared to $107.5 million for the same period last year. U.S. revenue was $51.6 million for the 2024 third quarter, a decrease of 7.4% compared to $55.7 million for the same period last year. International revenue was $53.1 million for the 2024 third quarter, an increase of 2.7% compared to $51.7 million for the same period last year. Subscription revenue was $100.4 million, which accounted for 95.9% of total revenue for the 2024 third quarter, compared to subscription revenue of $104.1 million, which accounted for 96.9% of total revenue for the same period last year. Annualized Recurring Revenue was $401.5 million for the 2024 third quarter, a decrease of 3.6
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RMNI
News
- Rimini Street, Inc. (NASDAQ: RMNI) was upgraded by analysts at Craig Hallum from a "hold" rating to a "buy" rating. They now have a $6.00 price target on the stock, up previously from $2.00.MarketBeat
- Owning 35% shares,institutional owners seem interested in Rimini Street, Inc. (NASDAQ:RMNI), [Yahoo! Finance]Yahoo! Finance
- New Survey of VMware Customers Reveals Strong Desire to Maximize the Value of Perpetual LicensesBusiness Wire
- Rimini Street Announces New Management Console for Rimini Connectâ„¢ Suite of Interoperability SolutionsBusiness Wire
- GRP Partners with Rimini Street to Support its S/4HANA Systems and Smart Factory ProjectBusiness Wire
RMNI
Earnings
- 10/30/24 - Miss
RMNI
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- RMNI's page on the SEC website