Rimini Street Announces Fiscal Third Quarter 2019 Financial Results
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Rimini Street, Inc. (RMNI) Misses Q3 EPS by 12c; Offers Q4 & FY19 Revenue Outlook
November 7, 2019 5:16 PM ESTRimini Street, Inc. (NASDAQ: RMNI) reported Q3 EPS of ($0.07), $0.12 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $69 million versus the consensus estimate of $69.41 million.
In the third quarter, we continued to see improving performance from investments made over the past eighteen months in global sales capacity, productivity and infrastructure, stated Seth A. Ravin, Rimini Street co-founder, CEO and Chairman of the Board. We also continued expanding our global capabilities and new product and service offerings, opening operations in Dubai to serve the Gulf region and announcing the global availability of... More
