Rimini Street to Announce Fiscal Second Quarter 2026 Results on July 30

Deep News
07/06

Independent enterprise software support services provider Rimini Street has announced that it will report its financial results for the second quarter of fiscal 2026 after the U.S. market closes on July 30, 2026.

The company's management will hold a conference call at 4:30 p.m. Eastern Time on that day to discuss the performance and business developments.

Rimini Street is a top independent provider of support services for enterprise software from vendors such as SAP, Oracle, and Salesforce, helping clients reduce operational costs and extend the life of their software investments.

For the first quarter ended March 31, the company reported revenue of approximately $115 million, reflecting a year-over-year increase of about 5%.

The firm has maintained its full-year fiscal 2026 revenue growth guidance of 4% to 6% and expects its adjusted EBITDA margin to remain stable.

Key Areas of Focus

For the upcoming second quarter report, market attention is expected to center on several key metrics.

These include client renewal rates in North American and European markets, new customer acquisition, progress in cloud services transformation consulting, and the expansion of new revenue streams beyond the company's core Oracle and SAP third-party support business.

Strategic Initiatives

In May, Rimini Street announced the appointment of a new Chief Executive Officer as the company advances its "Beyond Support" strategy.

This strategy aims to broaden the revenue base by expanding into business lines such as consulting, security, and managed services.

Management may provide additional details on the execution of this strategy and customer feedback during the upcoming conference call.

Competitive Environment and Outlook

Regarding the competitive landscape, Rimini Street continues to face pressure from official software vendors as well as boutique consulting firms.

However, analysts note that demand for more cost-effective support services remains solid in the current environment of tightening IT budgets.

The company is expected to update its full-year performance guidance with the earnings release, and investors will be focused on management's outlook for customer demand and the competitive environment in the second half of the year.

Accessing the Report and Call

The conference call will be webcast live via the company's investor relations website, with a replay available following the call.

Investors and analysts can participate in the Q&A session by dialing in; detailed call-in information will be published on the company's website prior to the earnings release.

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