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The latest update is out from Rimini Street ( (RMNI) ).
Rimini Street announced its fiscal second quarter 2025 financial results, highlighting a gross margin increase to 60.4% and adjusted EBITDA rising to $13.0 million from the previous year. The company reported a revenue of $104.1 million, a slight increase from the prior year, with international revenue growth offsetting a decline in U.S. revenue. The company also resolved a legal matter with Oracle, receiving a partial reimbursement of attorney fees, and repaid a portion of its credit line. Operationally, Rimini Street expanded its client base and partnerships, including new agreements with OSG Corporation and the University of Melbourne, and announced executive appointments to strengthen its leadership team.
The most recent analyst rating on (RMNI) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
Spark’s Take on RMNI Stock
According to Spark, TipRanks’ AI Analyst, RMNI is a Neutral.
Rimini Street’s overall stock score is primarily affected by its financial struggles, including negative profitability and high debt levels. Positive technical indicators and recent corporate events provide some optimism, but valuation concerns and litigation risks weigh heavily on the outlook.
To see Spark’s full report on RMNI stock, click here.
More about Rimini Street
Rimini Street, Inc. (Nasdaq: RMNI) is 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. The company offers a comprehensive portfolio of unified solutions to manage, support, and optimize enterprise application, database, and technology software, serving Fortune Global 100, Fortune 500, midmarket, public sector, and government organizations.
Average Trading Volume: 377,741
Technical Sentiment Signal: Buy
Current Market Cap: $433.2M
For detailed information about RMNI stock, go to TipRanks’ Stock Analysis page.
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