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Rimini Street faces test of growth sustainability ahead of Q3 earnings release

Earnings Whispers ·

RMNI
RMNI Rimini Street Inc
$4.09 -0.97%
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  1. 1Rimini Street shares fell approximately 13% after reporting a recovery in growth.
  2. 2The Street's Q3 revenue guidance of approximately $110.7 million and EPS estimate of $0.07 were presented.
  3. 3Rimini Street attributed the Q2 decline in billings to timing issues regarding renewals.

So what's the key point?

Rimini Street's stock price fell about 13% as the market waits to see if growth continues. The upcoming Q3 earnings results expected by experts will be important.

Source Earnings Whispers · View original ↗

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