RMNI - Rimini Street, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
5.10
+0.01 (+0.20%)
At close: 4:00PM EDT
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Previous Close5.09
Open5.07
Bid5.08 x 800
Ask5.10 x 800
Day's Range4.96 - 5.11
52 Week Range4.00 - 8.55
Volume24,399
Avg. Volume82,155
Market Cap333.364M
Beta (3Y Monthly)-0.28
PE Ratio (TTM)N/A
EPS (TTM)-1.23
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est9.17
Trade prices are not sourced from all markets
  • Rimini Street Becomes Support Service Provider for Hyundai-Kia Motors’ Global Database Portfolio
    Business Wire6 days ago

    Rimini Street Becomes Support Service Provider for Hyundai-Kia Motors’ Global Database Portfolio

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that it has been selected as the software support services provider to global auto manufacturer Hyundai-Kia Motors. To support response to paradigm shifts in the automobile industry and active technology innovation, Hyundai-Kia Motors set out a new IT strategy that strives to maximize value across the IT landscape. Hyundai-Kia Motors has been exploring options to reduce their reliance on the existing software vendor database support and achieve cost optimization by identifying alternative solutions.

  • Rimini Street Announces Middle East Expansion to Support Growing Client Base Across the Gulf, Saudi Arabia and Turkey
    Business Wire11 days ago

    Rimini Street Announces Middle East Expansion to Support Growing Client Base Across the Gulf, Saudi Arabia and Turkey

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it is significantly strengthening its investment in and commitment to the Middle East by establishing Rimini Street FZ–LLC, opening a new office in Dubai and hiring local staff. The Company’s increased investment is in response to its growing client base with operations in the Middle East and accelerating local demand for its portfolio of award-winning, ultra-responsive enterprise software support services. Rimini Street has been present in the Middle East for over five years supporting nearly 100 organizations with operations in the region, including clients in the Gulf and Saudi Arabia.

  • BrandSafway Selects Rimini Street Application Management Services for Salesforce
    Business Wire25 days ago

    BrandSafway Selects Rimini Street Application Management Services for Salesforce

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that BrandSafway, a global leader in access, industrial services and forming and shoring solutions for the industrial, commercial and infrastructure markets, has selected Rimini Street Application Management Services (AMS) for Salesforce for its Salesforce Sales Cloud system. BrandSafway has been leveraging Rimini Street support for its Oracle Database, E-Business Suite and JD Edwards software products since 2014, and now, BrandSafway is expanding its support service scope with Rimini Street to maximize the value and business impact of Salesforce and the Salesforce Sales Cloud system.

  • iMarketKorea Switches to Rimini Street Support for its SAP Application
    Business Wire27 days ago

    iMarketKorea Switches to Rimini Street Support for its SAP Application

    Because of the premium level of ERP support the company now receives, iMarketKorea’s IT staff have been relieved of the day to day back office system maintenance, which is now entirely handled by Rimini Street, and are able to focus on and support more strategic projects within their company. iMarketKorea implemented its SAP system in 2012, and today supplies electronic products to thousands of corporate clients nationwide, handling tens of thousands of orders in real time. The company now operates an e-marketplace, an e-commerce site, and a warehouse management system.

  • Survey of SAP Licensees Reveals Two-Thirds Have No Plans or Are Undecided About Migrating to New S/4HANA Product
    Business Wirelast month

    Survey of SAP Licensees Reveals Two-Thirds Have No Plans or Are Undecided About Migrating to New S/4HANA Product

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today revealed the findings from its recent survey of SAP licensees conducted to better understand their plans for S/4HANA and the impact of SAP’s planned 2025 end of mainstream maintenance support for Business Suite 7 core applications on their IT roadmap plans. Of the IT leaders surveyed who are currently running SAP’s Business Suite 7 or older releases, two-thirds state they either have no plans to migrate to S/4HANA (35%) or are undecided about moving to S/4HANA (32%).

  • GREE Accelerates Business-Driven IT Roadmap by Switching to Rimini Street Support for its SAP Applications
    Business Wirelast month

    GREE Accelerates Business-Driven IT Roadmap by Switching to Rimini Street Support for its SAP Applications

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that GREE, Inc., a leading mobile Internet and media service provider in Japan, has switched to Rimini Street support for its SAP ECC 6.0 system. GREE has been using its SAP system for nearly six years and was satisfied with their current mature ERP environment, however a 2025 planned end of mainstream maintenance date for ECC 6, and high operations and maintenance costs from the vendor became an issue. As a result of making the switch to Rimini Street, GREE now receives premium, ultra-responsive support for its robust SAP applications for a minimum of 15 years from the time the company transitioned to Rimini Street support.

  • Rimini Street Expands Latin America Operations with New Subsidiary in Mexico
    Business Wirelast month

    Rimini Street Expands Latin America Operations with New Subsidiary in Mexico

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that it has expanded its Latin America operations with the launch of its new subsidiary, Rimini Street de Mexico, S. de R.L. de C.V., opening of its new office in Mexico City and hiring of staff. The Company’s investment is in response to its growing client base with operations in Mexico and accelerating local demand for its portfolio of award-winning, ultra-responsive enterprise software support services.

  • Rimini Street Expands Asia-Pacific Operations to Support Growing Client Base in Southeast Asia and Greater China
    Business Wire2 months ago

    Rimini Street Expands Asia-Pacific Operations to Support Growing Client Base in Southeast Asia and Greater China

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced its further operational expansion in the Asia-Pacific region, including additional investment in leadership, sales and service delivery capabilities in the Southeast Asia and Greater China regions. The investment is being made to meet the needs of the Company’s growing client base and support the increasing interest and demand for the Company’s portfolio of premium-level enterprise software support services in the region.

  • Grupo Ferroeste Saving an Estimated R$2 Million by Switching to Rimini Street Support for its SAP Application
    Business Wire2 months ago

    Grupo Ferroeste Saving an Estimated R$2 Million by Switching to Rimini Street Support for its SAP Application

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Grupo Ferroeste, Brazil’s leading manufacturer of steel, fuel and energy, switched to Rimini Street support and is estimating a R$2 million of savings in total support costs through 2025. Grupo Ferroeste moved to Rimini Street support for its SAP ECC 6.0 system in 2018. In addition, Grupo Ferroeste has been liberated from the vendor’s dictated roadmap of continuous upgrades and updates, and is able to move forward with their own business-driven IT roadmap.

  • Rimini Street’s Nancy Lyskawa Wins Female Executive of the Year
    Business Wire2 months ago

    Rimini Street’s Nancy Lyskawa Wins Female Executive of the Year

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Nancy Lyskawa, Rimini Street’s senior vice president of Global Client Onboarding, was honored with a gold Stevie® Award for Female Executive of the Year in the 15th annual Stevie Awards for Women in Business. Ms. Lyskawa has earned this recognition for her executive role leading the Company’s global client onboarding team which focuses on creating a holistic client experience, orchestrating a detailed, precise onboarding process to ensure clients have a smooth transition from their previous support provider to Rimini Street support.

  • Business Wire2 months ago

    Rimini Street to Present at the Ladenburg Thalmann Technology Expo

    Rimini Street, Inc. , a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Tom Sabol, CFO, will present at the Ladenburg Thalmann Technology Expo on May 30, 2019, at 10:00 a.m.

  • Tokyo Energy & Systems Switches to Rimini Street for SAP Application Support
    Business Wire2 months ago

    Tokyo Energy & Systems Switches to Rimini Street for SAP Application Support

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Tokyo Energy & Systems Inc., a leading construction company in Japan that installs and maintains equipment for power plants and substations, has switched to Rimini Street for support of its SAP application. Tokyo Energy & Systems is also planning to apply the savings toward the implementation of IoT devices that collect environmental data and maintenance needs from the company’s electrical facilities. Tokyo Energy & Systems has deployed nearly 1,500 SAP licenses since 2014 for accounting, inventory control, payroll processing and work management.

  • Business Wire2 months ago

    Rimini Street to Present at the Cowen TMT Conference

    Rimini Street, Inc. , a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Tom Sabol, CFO, will present at the Cowen 47th Annual TMT Conference on May 29, 2019, at 10:50 a.m.

  • Rimini Street Earns Seven Stevie Awards for Excellence in Customer Service
    Business Wire2 months ago

    Rimini Street Earns Seven Stevie Awards for Excellence in Customer Service

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has been honored with seven Stevie® Awards for Sales & Customer Service for the Company’s unwavering commitment to providing outstanding client service to organizations around the world. Rimini Street received a gold award for the Innovation in Customer Service category and also received awards for Front-Line Customer Service Professional of the Year, Customer Service Department of the Year, Woman of the Year in Customer Service, and Back-Office Customer Service Team of the Year. Rimini Street’s global support team earned the Customer Service Department of the Year award for its ultra-responsive, premium-level support provided to clients.

  • Rimini Street, Inc. (RMNI) Reports Break-Even Earnings for Q1
    Zacks2 months ago

    Rimini Street, Inc. (RMNI) Reports Break-Even Earnings for Q1

    Rimini Street, Inc. (RMNI) delivered earnings and revenue surprises of -100.00% and 0.71%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Rimini Street, Inc. (RMNI) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Rimini Street, Inc. (RMNI) Q1 2019 Earnings Call Transcript

    RMNI earnings call for the period ending March 31, 2019.

  • Rimini Street Announces Fiscal First Quarter 2019 Financial Results
    Business Wire2 months ago

    Rimini Street Announces Fiscal First Quarter 2019 Financial Results

    Quarterly revenue of $66.3 million, up 11% year over year

  • Business Wire2 months ago

    Rimini Street to Present at the Needham Emerging Technology Conference

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Tom Sabol, CFO, will present at the Needham Emerging Technology Conference on May 22, 2019, at 10:20 a.m. Eastern Time. Rimini Street, Inc. (RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company has redefined enterprise software support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, Salesforce, SAP and other enterprise software vendors to save up to 90 percent on total maintenance costs.

  • Rimini Street Expands Investment and Operations in Eastern Europe
    Business Wire2 months ago

    Rimini Street Expands Investment and Operations in Eastern Europe

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has further expanded its operations in Eastern Europe to address the increasing demand for the Company’s award-winning, ultra-responsive support services in the region. Rimini Street began selling in Russia in 2018, and recently expanded its client base there with new premier domestic clients like Bank Zenit and Ingosstrakh. The Company also recently launched sales in Poland, building on its growing presence in the region, and today, supports 86 organizations with operations in Eastern Europe.

  • Rimini Street, Inc. (RMNI) Reports Next Week: What to Expect
    Zacks3 months ago

    Rimini Street, Inc. (RMNI) Reports Next Week: What to Expect

    Rimini Street, Inc. (RMNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Report Highlights Why Licensees Are Rethinking Their Oracle Relationship and Cloud Strategy
    Business Wire3 months ago

    Report Highlights Why Licensees Are Rethinking Their Oracle Relationship and Cloud Strategy

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today revealed the findings from its recent survey of Oracle licensees conducted to better understand the state of their relationship with the vendor, their application strategies and their future cloud plans. The report highlights that the majority of Oracle customers surveyed are currently or actively planning to reduce their spend with the vendor, with the top reasons including the high cost of the software and features (61%), the high cost of annual maintenance and support (58%), and Oracle’s aggressive sales tactics and audits (21%).

  • Business Wire3 months ago

    Rimini Street to Report First Quarter 2019 Financial Results on May 9, 2019

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it will report earnings after market close on May 9, 2019. To learn more, please visit http://www.riministreet.com/, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

  • Business Wire3 months ago

    Rimini Street Announces 2019 Annual Meeting of Stockholders Date and Time

    Rimini Street, Inc. , a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that it will be holding its 2019 Annual Meeting of Stockholders at Noon, Pacific Time on Thursday, June 6, 2019 at the Company's California Operations Center, located at 6601 Koll Center Parkway, ...

  • Rimini Street CEO Visits Seoul, Addresses Changing IT Mission
    Business Wire4 months ago

    Rimini Street CEO Visits Seoul, Addresses Changing IT Mission

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, is committed to helping South Korean companies reduce ongoing IT operating costs and freeing up significant IT budget to invest in innovation, competitive advantage and growth, co-founder and CEO Seth A. Ravin explained during a press conference in Seoul. Mr. Ravin also highlighted continued strong and growing demand in Korea for the Company’s award-winning, ultra-responsive enterprise software support model, which is disrupting the $160 billion enterprise software maintenance market worldwide.

  • FANCL Regains Control of Their IT Roadmap by Switching to Rimini Street Support for its SAP Application
    Business Wire4 months ago

    FANCL Regains Control of Their IT Roadmap by Switching to Rimini Street Support for its SAP Application

    Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that FANCL, a leading additive-free cosmetics and health food products company in Japan, has switched to Rimini Street support for its SAP ECC 6.0 system. Rimini Street has enabled FANCL to take full control of their ERP roadmap and chart its direction based on the company’s business needs -- like advancing their digital transformation initiatives -- versus continuing to follow a vendor-dictated roadmap. Additionally, FANCL now receives premium-level, ultra responsive support for its current, stable SAP system for a minimum of 15 years from the time the company transitioned to Rimini Street.