Rimini Street (NASDAQ:RMNI) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Rimini Street beat estimated earnings by 110.0%, reporting an EPS of $0.105 versus an estimate of $0.05.
Revenue was up $10.02 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.79 which was followed by a 26.27% increase in the share price the next day.
Here's a look at Rimini Street's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.11 | 0.08 | -0.04 |
| EPS Actual | 0.86 | -0.08 | -0.06 | 0.11 |
| Revenue Estimate | 96.31M | 94.89M | 89.88M | 88.22M |
| Revenue Actual | 99.28M | 95.64M | 91.61M | 87.89M |
To track all earnings releases for Rimini Street visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
