Get ready to mark your calendars because the much anticipated third quarter financial results of Rimini Street (NASDAQ: RMNI) are set to be unveiled on Wednesday 30th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.06 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $101.12 million for this specific period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $413.06 million. Additionally, they are expecting the company to achieve a per share profit of $0.29 for the fiscal year 2024.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.13. This results was derived from the company's total revenue, which reached an impressive $107.45 million during same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.07 | -30.0% | 103.12 M | -3.1% |
| Q1 2024 | $0.08 | -33.3% | 106.75 M | +1.2% |
| Q4 2023 | $0.19 | +11.8% | 112.11 M | +3.2% |
| Q3 2023 | $0.13 | +44.4% | 107.45 M | +5.4% |
| Q2 2023 | $0.10 | +42.9% | 106.42 M | +5.2% |
| *Growth on year-over-year basis | ||||
RMNI will host a conference call with investment community on 30th October 2024 at 05:00 PM eastern time to discuss the financial results.
Throughout Monday's trading, Rimini Street (RMNI) shares fluctuated between $1.72 and $1.76, with a trading volume of 196.40 thousand shares. The stock ended the regular trading session at $1.73, indicating an upturn of 0.58 percent.
