RMNI News

Latest breaking news and updates for RMNI stock.

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Rimini Street Announces Stock Repurchase and Debt Repayment Transactions

(NASDAQ:RMNI) LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc., (the “Company”) (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading ...

How does this buyback and debt reduction compare to similar actions by other third‑party enterprise software support providers? What is the impact of the debt repayment on the company's leverage ratios and future financing flexibility? How will the $3.8 million share repurchase affect RMNI's earnings per share and cash reserves?
Buyback
1 day ago
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Idemitsu Partners with Rimini Street to Support and Enable its Long-Term IT Roadmap and Strategy Built on Top of its SAP ECC 6.0 System

(NASDAQ:RMNI) LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third...

Does this deal indicate a broader shift toward third‑party SAP support that could affect competitors like SAP, IBM, or other managed‑services providers? What is the size and duration of the contract with Idemitsu, and how does it compare to Rimini Street's existing SAP support agreements? How will the Idemitsu partnership impact Rimini Street's near‑term revenue and earnings guidance?
Partnership
8 days ago
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Rimini Street and American Digital Partner to Deliver Alternative SAP, Oracle and VMware Support, Savings and Innovation on HPE Infrastructure

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support...

Will the partnership drive increased demand for HPE infrastructure and potentially impact related hardware stocks or create cross‑selling opportunities? What competitive advantage does this alliance give RMNI versus other third‑party support providers and against SAP/Oracle/VMware's own services? How will the Rimini Street–American Digital partnership affect RMNI's revenue growth and margin outlook?
Partnership
21 days ago
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Rimini Street Awarded U.S. GSA Multiple Award Schedule (MAS) for Oracle, SAP and VMware Support and Security Services

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support...

How does this news influence analyst coverage and consensus recommendations for RMNI? What are the potential risks or challenges associated with fulfilling the GSA contract requirements? How might this development affect Rimini Street's valuation multiples compared to peers?
Awards
29 days ago
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