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Rimini Street, Inc. - Common Stock (RMNI)

3.2200
-0.1400 (-4.17%)
NASDAQ · Last Trade: Apr 5th, 3:10 PM EDT
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Frequently Asked Questions About Rimini Street, Inc. - Common Stock (RMNI)

Does Rimini Street offer training for its services?

Yes, Rimini Street offers training programs designed to help clients effectively utilize their enterprise software. This training includes best practices in managing applications and utilizing Rimini Street's support services to their fullest potential, thereby maximizing the value of their software investments.

Does Rimini Street provide services for cloud applications?

Yes, Rimini Street has expanded its services to include support for cloud applications. This includes assisting clients in managing their cloud transitions and ensuring that their enterprise applications, whether on-premises or cloud-based, continue to function effectively and meet business needs.

How can customers contact Rimini Street for support?

Customers can contact Rimini Street for support through various channels, including a dedicated support portal, phone, and email. The company emphasizes accessibility and responsiveness, ensuring that clients can quickly reach an experienced team member to address their needs.

How does Rimini Street ensure customer satisfaction?

Rimini Street ensures customer satisfaction through a combination of dedicated customer support teams, ongoing training for their engineers, and a commitment to responsiveness and service quality. They regularly solicit feedback and implement improvements based on client needs and expectations.

How does Rimini Street extend the life of enterprise software?

Rimini Street extends the life of enterprise software by allowing companies to avoid costly upgrades by maintaining their existing systems for longer periods. They provide critical updates, patches, and support that ensure compliance and optimal performance without the pressure to continually upgrade to the latest versions.

Is Rimini Street a publicly traded company?

Yes, Rimini Street is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol RMNI. This allows investors to buy shares in the company and participate in its growth and financial success.

What are Rimini Street’s financial performance metrics?

Rimini Street's financial performance metrics indicate growth in revenue, customer base, and profitability. The company has demonstrated a consistent increase in sales, aided by expanding its suite of services and exploring new market opportunities to drive innovation and financial results.

What are Rimini Street’s future growth prospects?

Rimini Street's future growth prospects appear strong as demand for cost-effective enterprise software support continues to rise. The company plans to expand its services, reach new markets, and enhance its technology capabilities, positioning it well to capture opportunities in the evolving software landscape.

What differentiates Rimini Street from traditional support providers?

What sets Rimini Street apart from traditional support providers is its commitment to providing a personalized, customer-centric support experience. They focus on building long-term relationships with clients, offering flexible agreements, and emphasizing cost savings compared to vendor-provided support.

What does Rimini Street, Inc. do?

Rimini Street, Inc. provides enterprise software support services for Oracle and SAP software applications. The company focuses on delivering high-quality support that helps organizations extend the life of their existing software, reduce costs, and address challenges associated with managing complex enterprise applications.

What industry sectors does Rimini Street serve?

Rimini Street serves a wide range of industry sectors, including finance, healthcare, manufacturing, retail, and technology. Their diverse client base reflects their ability to customize solutions that address the specific needs of various industries.

What is Rimini Street’s approach to compliance?

Rimini Street takes compliance seriously, ensuring that all support services adhere to legal and regulatory requirements within the sectors it serves. By staying informed about relevant regulations and standards, Rimini Street helps customers maintain compliance while extending their software’s life.

What is Rimini Street’s support model?

Rimini Street employs a flexible and personalized support model tailored to the unique needs of each client. This includes access to experienced engineers, around-the-clock support, issue resolution, and proactive maintenance, providing clients with a comprehensive support solution.

What is the main benefit of Rimini Street's services?

The primary benefit of Rimini Street's services is cost savings for organizations. By offering independent support for Oracle and SAP applications, Rimini Street allows companies to reduce their support costs typically associated with proprietary vendor services while maintaining high levels of service quality and responsiveness.

When was Rimini Street, Inc. founded?

Rimini Street, Inc. was founded in 2005 by Seth Ravin, with the vision of offering superior support services for enterprise software, particularly Oracle and SAP solutions. Since then, the company has grown significantly and established its presence in the market as a leading provider of independent support.

Where is Rimini Street, Inc. headquartered?

Rimini Street, Inc. is headquartered in Las Vegas, Nevada. The company’s location allows it to access a diverse talent pool and is strategically positioned near major business hubs, facilitating operations and client interactions.

Who are the main competitors of Rimini Street?

Rimini Street’s main competitors include traditional software providers like Oracle and SAP, as well as other third-party support services. They compete by offering alternative service models and cost-effective solutions that appeal to organizations looking to optimize their software support.

Who is the leadership team behind Rimini Street?

The leadership team at Rimini Street consists of experienced professionals from various technology and business sectors. Seth Ravin, the founder and CEO, leads the team, which also includes experts in engineering, customer support, finance, and operations, all committed to the company's mission of delivering exceptional support.

What is the current price of Rimini Street, Inc. - Common Stock?

The current price of Rimini Street, Inc. - Common Stock is 3.220

When was Rimini Street, Inc. - Common Stock last traded?

The last trade of Rimini Street, Inc. - Common Stock was at 2:51 pm EDT on April 4th, 2025

What is the market capitalization of Rimini Street, Inc. - Common Stock?

The market capitalization of Rimini Street, Inc. - Common Stock is 276.16M

How many shares of Rimini Street, Inc. - Common Stock are outstanding?

Rimini Street, Inc. - Common Stock has 85.76M shares outstanding.