Rimini Street (RMNI) Q2 EPS Jumps 400%

Rimini Street (NASDAQ:RMNI), a provider of independent enterprise software support and managed services, reported earnings for Q2 FY2025 on July 31, 2025. The main headline was a significant earnings outperformance: diluted GAAP earnings per share reached $0.32, far exceeding the $0.08 analyst estimate, while GAAP revenue was $104.1 million, above the analyst estimate of $103.08 million. The earnings swing was heavily driven by a litigation settlement, but Underlying metrics showed margin improvement and international growth, even as total revenue growth remained modest. The overall quarter demonstrated stabilization and some renewed growth, but with questions about future momentum due to U.S. revenue contraction and the ongoing PeopleSoft support wind-down. Source: Analyst estimates for the quarter provided by FactSet. Rimini Street provides support and managed services primarily for large-scale enterprise software platforms. Its core business is to offer cost-effective, independent support for applications such as Oracle and SAP--where it claims to save clients up to 50% compared to traditional vendor support. Its main products include Rimini Support (third-party software support), Rimini Manage (managed services), and Rimini Protect (security solutions).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool