Rimini Street Announces Fiscal Fourth Quarter and Annual 2018 Financial Results
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Rimini Street (RMNI) PT Lowered to $10 at Cowen
March 15, 2019 9:27 AM EDTCowen analyst Derrick Wood lowered the price target on Rimini Street (NASDAQ: RMNI) to $10.00 (from $11.50) while maintaining a Outperform rating following the company's 4Q. RMNI delivered a solid quarter, with better than expected revenue (beat by $4.1 mln) and operating income (14.7% margin vs. our 4.0%... More
Rimini Street, Inc. (RMNI) Misses Q4 EPS by 9c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance
March 14, 2019 4:23 PM EDTRimini Street, Inc. (NASDAQ: RMNI) reported Q4 EPS of ($0.06), $0.09 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $67.7 million versus the consensus estimate of $63.46 million.
We ended fiscal 2018 on a high note by signing the largest client contract in Company history and achieved record revenue and billings for the fourth quarter and fiscal year, stated Seth A. Ravin, Rimini Street... More
