Welcome to our dedicated page for Rimini Street news (Ticker: RMNI), a resource for investors and traders seeking the latest updates and insights on Rimini Street stock.
Rimini Street, Inc. (Nasdaq: RMNI) regularly issues news about its role as a global provider of enterprise software support, managed services and Agentic AI ERP solutions. The RMNI news feed highlights how the company serves as a third-party support provider for Oracle, SAP and VMware software and how its offerings are applied in real client environments across industries and regions.
Investors and technology professionals following Rimini Street news can read about client engagements where organizations switch to Rimini Support™ for SAP ECC or Oracle ERP systems, adopt Rimini Connect™ interoperability solutions or engage Rimini Consult™ for ERP strategy and modernization projects. Recent releases describe work with companies such as SP Electricity North West, Tidewater and Silicon Labs, focusing on themes like cost savings, improved system stability, security, single sign-on capabilities and reduced technical debt.
RMNI news also covers the company’s Agentic AI ERP initiatives, including the launch of Rimini Agentic UX™, an AI-driven user engagement layer for ERP processes, and the publication of the white paper "The Rise of Agentic AI ERP." These announcements explain how Rimini Street positions Agentic AI ERP as a way to orchestrate business processes across composable ERP platforms without disruptive upgrades, and how clients are using these capabilities to accelerate innovation.
In addition, Rimini Street news releases report on quarterly financial and operating results, stock repurchase activity, investor conferences and investor day events, as well as legal and regulatory developments such as the settlement agreement with Oracle. For anyone tracking RMNI, the news stream offers insight into the company’s client wins, product developments, strategic partnerships and financial disclosures over time.
Rimini Street (Nasdaq: RMNI) completed $10.9 million of debt reduction in Q1 2026, bringing its outstanding term loan to $58.4 million as of March 31, 2026. The company amended its credit agreement effective March 27, 2026 to allow $20.0 million in annual stock repurchases and a $50.0 million total repurchase capacity from January 1, 2026 through the facility maturity on April 30, 2029; $36.7 million of the previously authorized $50.0 million remains available.
Management said these steps support disciplined use of resources, combining debt reduction and share repurchases to drive shareholder value.
Rimini Street (Nasdaq: RMNI) will provide multiyear support for Lotte Rental’s Oracle and SAP systems, enabling IT cost reduction, system stability and digital transformation.
Lotte Rental, with 300 branches and subsidiaries in Thailand and Vietnam, expects >50% annual support fee savings and plans reinvestment in AI, ESG mobility and cloud initiatives.
Rimini Street (Nasdaq: RMNI) won three Stevie Awards for sales and customer service on March 24, 2026, including Gold for Best Use of AI, Silver for Front-Line Customer Service Team (technology), and Bronze for Best Customer Satisfaction Strategy.
Key metrics: 4.9/5.0 client satisfaction, guaranteed 10-minute SLA (average response under 90 seconds), and a cited $10B cumulative client savings.
Rimini Street (Nasdaq: RMNI) will participate in the ROTH Capital Partners 38th Annual Investor Conference on March 23–24, 2026 in Laguna Niguel, California. CEO Seth Ravin and VP/Treasurer Dean Pohl will hold one-on-one and small-group meetings; Seth Ravin attends on March 23 only.
Seth Ravin will join a panel titled “Software: Risks, Opportunities & Realities of the AI Emergence” on March 23 at 2:00–2:55 p.m. PT, with a webcast available. To schedule meetings contact ROTH or Rimini Street IR at IR@riministreet.com.
Rimini Street (Nasdaq: RMNI) said on March 17, 2026 that Lwart Environmental Solutions expanded its multi‑year support relationship to cover both SAP and VMware, enabling Lwart to avoid vendor‑driven upgrades and regain control of licensing and roadmap decisions.
Lwart processes 240 million liters of used oil annually and runs SAP/VMware for 1,100 users (including 540 mobile drivers) across 3,700 municipalities; Rimini Street reports guaranteed 10‑minute priority response, delivered on average in under 2 minutes.
Rimini Street (Nasdaq: RMNI) announced that French manufacturer Flexitech selected Rimini Support for SAP on March 3, 2026 to extend its SAP ECC 6 platform, accelerate compliance and redirect savings into R&D and modernization.
Flexitech said the move will extend SAP ECC 6 for 15+ years, free up 50–90% of total support budget, and fund cybersecurity, TISAX readiness, MES modernization and targeted R&D.
Rimini Street (Nasdaq: RMNI) announced on February 25, 2026 that South Korean paper manufacturer KleanNara selected Rimini Street to support its SAP ECC 6 and Oracle Database systems. KleanNara expects immediate savings, cutting annual vendor support fees by 50%, improved responsiveness, and reinvestment into AI, cloud and IoT initiatives to accelerate digital transformation.
The move aims to free IT resources, stabilize customized systems, and enable reinvestment in growth, sustainability and operational efficiency.
Rimini Street (Nasdaq: RMNI) reported fourth-quarter and full-year 2025 results, highlighting a record Remaining Performance Obligations (RPO) of $652.9M, FY revenue of $421.5M (down 1.7% YoY), and net income of $37.1M for 2025 versus a prior-year loss. Cash rose to $120.0M and the company repurchased ~1.9M shares for $7.6M in 2025.
Operational updates included launches of Agentic AI ERP solutions, 20 Agentic UX offerings, client expansions, and guidance reiteration for 2026 revenue growth of 4%–6% with Adjusted EBITDA margins of 12.5%–15.5%.
Cubic Corporation partnered with Rimini Street (Nasdaq: RMNI) to support SAP ECC while pursuing a composable ERP strategy and AI/automation initiatives, avoiding an expensive S/4HANA upgrade. The move delivered 50% savings on SAP annual maintenance and freed resources for modernization, touchless invoice improvements, and reduced manual AP intervention.
Rimini Street provides a primary support engineer, global SAP expertise, 24/7/365 coverage with SLA response targets, customization support, and proactive security and regulatory updates.
Rimini Street (Nasdaq: RMNI) announced that LF, a leading South Korean lifestyle and fashion company, selected Rimini Support to maintain SAP ECC 6.0 and Oracle Database systems, improve operational stability during a data center relocation, and reallocate cost savings toward business process innovation and AI-driven automation.
The engagement consolidated support under a dedicated Primary Support Engineer, enabled uninterrupted operations during transition, and funded optimization of merchandise planning and ERP modules to accelerate LF's digital transformation.