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Rimini Street Announces Fiscal First Quarter 2025 Financial and Operating Results

1. Rimini Street reported Q1 2025 revenue of $104.2 million, down 2.4% from last year.

Earnings
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+1.49%S&P 500
$3.5505/01 04:06 PM EDTEvent Start
$3.2805/02 10:42 PM EDTLatest Updated
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FAQ

Why Bearish?

The decline in revenue indicates potential challenges in sustaining growth, similar to past earnings downturns seen in companies in the software support sector.

How important is it?

The financial results directly impact RMNI's valuation and investor confidence, indicating challenges that could affect stock performance.

Why Short Term?

The immediate revenue drop could affect investor sentiment and stock performance, drawing parallels to prior earnings misses in tech stocks that influenced stock prices swiftly.

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LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the fiscal first quarter ended March 31, 2025. Select First Quarter 2025 Financial Results Revenue was $104.2 million for the 2025 first quarter, a decrease of 2.4% compared to $106.7 million for the same period last year. U.S. revenue was.

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