$RMNI

Rimini Street, Inc. (Nasdaq: RMNI) appointed Keith Costello as EVP and Chief Operating Officer and Alexander Guasch as EVP and Chief Delivery Officer. The COO will oversee product strategy and professional services sales, while the CDO will lead end-to-end global delivery. The company said the changes support its revenue growth and profitability plans.

Rimini Street, Inc. (RMNI) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. rmni-20260812 0001635282 false 0001635282 2026-08-12 2026-08-12 0001635282 us-gaap:CommonStockMember 2026-08-12 2026-08-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Ac

Rimini Street (Nasdaq: RMNI) said Oman’s Khimji Ramdas Group selected Rimini Support for SAP to reduce SAP support costs by 80%, maintain a customized SAP ECC 6 setup with 700+ custom codes, and avoid downtime. The firms also worked on an HR and payroll compliance solution related to Omani labor rules.

Rimini Street (Nasdaq: RMNI) said Oman’s Khimji Ramdas Group selected Rimini Support for SAP to reduce SAP support costs and maintain its customized SAP ECC 6 environment. The company cited an 80% cost reduction, 700+ custom codes, and “zero downtime” over four years, plus help with Omani HR/payroll compliance.

Rimini Street (Nasdaq: RMNI) said Oman’s Khimji Ramdas Group selected Rimini Support for SAP to reduce SAP support costs by 80%, maintain its SAP ECC 6 setup with 700+ custom codes, and avoid migration pressure. The company also cited help with Omani HR and payroll compliance. Rimini Street said savings will fund AI and growth initiatives.

Rimini Street launched “Rimini Govern for AI,” a subscription managed service to govern enterprise AI agents. The company says it provides a centralized control plane that monitors agent workflows, security events, compliance status, performance and costs, with 24x365 support from its Global Command Centers. It is deployed via Plan, Implement and Operate, and aims to improve auditability, reduce risks and measure ROI.

Rimini Street, Inc. reported Q2 2026 progress on shifting from support to innovation services, citing stronger demand for Rimini Support and broader enterprise offerings including agentic AI. Management reiterated FY2026 Rule of 20 guidance, expects long-term operating cost reductions from internal AI, and said PeopleSoft wind-down completes by July 2028. Gross margin exceeded 60% target.

Rimini Street (RMNI) reported Q2 revenue of $111.1 million, up 6.7% YoY, and annualized recurring revenue ex-PeopleSoft of $401.1 million, up 8.1%. Remaining performance obligations rose to $636.9 million. Gross margin improved, but adjusted EBITDA fell to $10.5 million. Q3 revenue guidance is $110-$112 million.

Rimini Street (RMNI) shares fell about 2% to $4.81 after its Q2 report. The company reported Q2 revenue of $111.1m (up from $104.1m) and net income of $2.4m, down from $30.3m. Billings declined 8.8% to $100.9m, while gross margin stayed around 61%.

Thursday, July 30, 2026 at 5:00 p.m. ET CALL PARTICIPANTS VP, Treasurer and Investor Relations - Dean Pohl CEO and President - Seth Ravin CFO - Michael Perica TAKEAWAYS Revenue -- $111.1 million, up 6.7% year over year reflecting positive growth drivers over the past four quarters. Adjusted Revenue -- growing 10% year over year when excluding revenue associated with PeopleSoft products.