Rimini Street Latest News and Updates
News Context
At a glance
- No hallucinations, strict grounding, absolute dates, specific HTML for quotes ( and with ), no synthetic filler.
Ahmed Hassan, staff reporter for News Directory 3. World news (Europe, Asia, Africa, Middle East, Americas).
* Snippet from "Las Vegas Sun" dated Sunday, May 3, 2026. * Google Alert headline: "Rimini Street gibt die Finanz- und Betriebsergebnisse für das erste Quartal des ..." (German for "Rimini Street announces financial and operating results for the first quarter of..."). * Discovery date: 2026-05-03. * Key entity: Rimini Street. * Event: Q1 financial and operating results announcement. * Location connection: Las Vegas (company headquarters).WordPress Gutenberg block HTML. No H1, no markdown, no plain HTML. No hallucinations, strict grounding, absolute dates, specific HTML for quotes ( and
with ), no synthetic filler.
* The input is a snippet/aggregator feed (Google Alert/Las Vegas Sun snippet). * Classification: "If the input is a Google News feed... Treat it only as a discovery layer. Use live internet research to identify the strongest original reporting and any relevant primary sources..." * *Query 1:* "Rimini Street Q1 2026 financial results" * *Query 2:* "Rimini Street first quarter 2026 operating results" * *Query 3:* "Rimini Street earnings May 3 2026" *(Self-Correction/Simulation of Search Results)*: * Since today's date in the prompt is May 3, 2026, I need to look for the actual Q1 2026 results. * *Expected findings:* Revenue, net income, subscription growth, guidance for the rest of the year, comments from the CEO (likely Alexander Gorsky or current leadership). * *Specifics to find:* Exact numbers (revenue, EPS), percentage growth, specific product mentions (e.g., Oracle/SAP support), any new strategic initiatives. * *Lede:* Rimini Street, Inc. (NASDAQ: RICT), a provider of third-party enterprise software support, released its first-quarter 2026 financial and operating results on May 3, 2026. * *Details:* * Revenue figures (e.g., $XXX million). * Net income/loss. * Subscription revenue growth. * Operating margins. * *Context:* Rimini Street's business model (competing with Oracle/SAP support). * *Future Outlook:* Updated guidance for FY2026. * *Wait*, I must not invent numbers. If the search doesn't provide them, use them. * *Verification:* I will perform the search now.