Why Rimini Street Stock Tumbled Today

·2-min read
Why Rimini Street Stock Tumbled Today

Shares of Rimini Street (NASDAQ: RMNI) took a dive today after the enterprise software company posted underwhelming results in its first-quarter earnings report. Rimini Street said revenue increased 12.6% to $87.9 million, which was slightly below analyst estimates at $88.2 million.

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