Rimini Street outlines 2026 revenue growth target of 4% to 6% led by Agentic AI ERP expansion [Seeking Alpha]
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Seeking Alpha
Seth Ravin, Founder, Chairman, CEO & President, reported "solid execution and continued accelerating sales growth adjusted for the Oracle PeopleSoft support and services wind down" and highlighted the launch of Rimini Street's next-generation Agentic AI ERP solutions. He noted, "We Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market. Subscribe to Stock Ideas Sign Up Quick Insights Main drivers are growing subscriptions for Rimini Support core service and new AI-powered innovation services, supported by a larger sales team and increased client adoption of Agentic AI ERP and UX solutions. Revenue from PeopleSoft support is expected to decline steadily through July 2028, presenting a headwind, but management aims to offset this with new AI and innovation services growth. Risks include greater-than-expected client retention losses, elevated sales and marketing expenses to support new product launches, and
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RMNI
Earnings
- 2/19/26 - Miss
RMNI
Sec Filings
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- RMNI's page on the SEC website