Rimini Street (RMNI) Expected to Release Quarterly Earnings on Thursday

Rimini Street (NASDAQ:RMNI) is expected to be issuing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $106.7220 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Rimini Street (NASDAQ:RMNI) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.07). The company had revenue of $105.47 million during the quarter, compared to analysts’ expectations of $102.71 million. Rimini Street had a net margin of 8.30% and a negative return on equity of 24.30%. On average, analysts expect Rimini Street to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Rimini Street Stock Up 5.9%

RMNI opened at $4.67 on Tuesday. The firm has a market cap of $432.26 million, a P/E ratio of 12.62 and a beta of 1.28. Rimini Street has a 52 week low of $2.87 and a 52 week high of $4.93. The business’s fifty day simple moving average is $4.24 and its 200 day simple moving average is $3.75.

Insider Transactions at Rimini Street

In other Rimini Street news, EVP Steven Hershkowitz sold 24,884 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $3.87, for a total value of $96,301.08. Following the sale, the executive vice president directly owned 186,992 shares of the company’s stock, valued at approximately $723,659.04. This trade represents a 11.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Michael L. Perica sold 27,737 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $3.94, for a total transaction of $109,283.78. Following the completion of the sale, the chief financial officer directly owned 157,863 shares in the company, valued at $621,980.22. This represents a 14.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 181,929 shares of company stock worth $718,133 in the last quarter. 42.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Deutsche Bank AG raised its stake in shares of Rimini Street by 85.3% in the 4th quarter. Deutsche Bank AG now owns 38,301 shares of the company’s stock valued at $149,000 after acquiring an additional 17,635 shares during the period. Public Employees Retirement System of Ohio boosted its position in Rimini Street by 58.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 37,191 shares of the company’s stock worth $144,000 after purchasing an additional 13,745 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Rimini Street in the 1st quarter valued at $134,000. Oxford Asset Management LLP acquired a new stake in Rimini Street in the 4th quarter valued at $127,000. Finally, AQR Capital Management LLC raised its position in Rimini Street by 243.9% in the first quarter. AQR Capital Management LLC now owns 36,360 shares of the company’s stock valued at $127,000 after purchasing an additional 25,788 shares during the period. 73.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RMNI has been the topic of a number of recent research reports. TD Cowen upped their target price on shares of Rimini Street from $4.00 to $4.50 and gave the company a “hold” rating in a report on Monday, May 4th. Alliance Global Partners reiterated a “buy” rating on shares of Rimini Street in a report on Friday, May 1st. Weiss Ratings lowered shares of Rimini Street from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Finally, Zacks Research raised shares of Rimini Street from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.50.

About Rimini Street

Rimini Street, Inc (NASDAQ: RMNI) is a provider of enterprise software support services, specializing in third-party maintenance for mission-critical applications from leading technology vendors. The company offers comprehensive support for ERP, CRM and database environments, with coverage for systems from providers such as Oracle and SAP. Through its proactive system monitoring, performance tuning, regulatory and tax update services, Rimini Street aims to extend the lifecycle of enterprise applications while delivering service levels comparable to or exceeding those of original software vendors.

Founded in 2005 by technology entrepreneur Seth Ravin, Rimini Street has grown from a startup into a publicly traded company following its initial public offering in March 2018.