Rimini Street (RMNI) Expected to Release Earnings on Thursday

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

Rimini Street (NASDAQ:RMNI) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.07). Rimini Street had a net margin of 8.30% and a negative return on equity of 24.30%. The business had revenue of $105.47 million during the quarter, compared to the consensus estimate of $102.71 million. 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 4.7%

NASDAQ:RMNI opened at $4.89 on Wednesday. Rimini Street has a 12-month low of $2.87 and a 12-month high of $4.98. The firm has a market capitalization of $452.62 million, a P/E ratio of 13.22 and a beta of 1.28. The stock’s fifty day simple moving average is $4.27 and its 200-day simple moving average is $3.76.

Wall Street Analyst Weigh In

A number of research firms recently commented on RMNI. Alliance Global Partners reiterated a “buy” rating on shares of Rimini Street in a report on Friday, May 1st. Weiss Ratings cut Rimini Street from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Zacks Research upgraded Rimini Street from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Finally, TD Cowen upped their price target on Rimini Street from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.00.

Insider Activity

In other Rimini Street news, CFO Michael L. Perica sold 27,737 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $3.94, for a total transaction of $109,283.78. Following the sale, the chief financial officer directly owned 157,863 shares in the company, valued at approximately $621,980.22. This trade represents a 14.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kevin Maddock sold 7,485 shares of Rimini Street stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $3.94, for a total transaction of $29,490.90. Following the completion of the transaction, the executive vice president directly owned 213,534 shares in the company, valued at approximately $841,323.96. The trade was a 3.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 181,929 shares of company stock worth $718,133. Corporate insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Rimini Street

Several institutional investors have recently added to or reduced their stakes in RMNI. Samjo Management LLC increased its holdings in Rimini Street by 149.0% during the 4th quarter. Samjo Management LLC now owns 1,207,750 shares of the company’s stock worth $4,686,000 after purchasing an additional 722,750 shares in the last quarter. Mink Brook Asset Management LLC lifted its holdings in shares of Rimini Street by 73.4% in the fourth quarter. Mink Brook Asset Management LLC now owns 1,299,741 shares of the company’s stock valued at $5,043,000 after purchasing an additional 550,167 shares in the last quarter. Manatuck Hill Partners LLC lifted its holdings in shares of Rimini Street by 401.4% in the third quarter. Manatuck Hill Partners LLC now owns 604,640 shares of the company’s stock valued at $2,830,000 after purchasing an additional 484,040 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Rimini Street during the second quarter worth about $1,134,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Rimini Street by 362.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 210,726 shares of the company’s stock worth $818,000 after buying an additional 165,155 shares during the period. 73.75% of the stock is owned by institutional investors.

Rimini Street Company Profile

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.