Rimini Street, Inc. (RMNI, Financial) experienced a significant stock price increase of 5.37%. The stock is currently priced at $2.16 per share, with a trading volume of 160,521 shares, a turnover rate of 0.18%, and a volatility of 6.83%.
Recent financial reports indicate that Rimini Street achieved a revenue of $105 million, despite recording a net loss of $43.10 million and an earnings per share (EPS) of -$0.47. The company reported a gross profit of $63.54 million, resulting in a price-to-earnings (P/E) ratio of -5.66.
In terms of institutional ratings, out of four participating institutions, 25% recommended buying RMNI shares, while 75% advised holding. No institutions suggested selling the stock.
Within the software services sector, which saw an overall increase of 1.04%, other notable gainers included Hub Cyber Security Ltd C/Wts 22/08/2025 (To Pur Com), T Stamp Inc., and Zenatech, Inc. T Stamp Inc. showed a turnover rate of 2302.76% and a volatility of 97.17%, while Zenatech, Inc. had a turnover rate of 412.53% and a volatility of 68.38%.
Rimini Street, Inc. is a U.S.-based provider of enterprise software support products and services, offering third-party support for Oracle and SAP software products. The company specializes in solutions for managing, supporting, and optimizing enterprise applications, databases, and technology software platforms, with its primary revenue coming from the U.S.
