Key Highlights

  • Rimini Street (NASDAQ:RMNI) traded at USD 5.20 in a published screener snapshot on November 5, 2026, up 30.65% over 1W and 1.14% lower in the latest session, a small cap valued near USD 488 million.
  • Third quarter Revenue rose 8.3% to USD 112.1 million from USD 103.4 million, with adjusted EBITDA up 52.0% to USD 15.1 million and diluted EPS at USD 0.07 against USD 0.03.
  • Calculated billings jumped 21.0% to USD 80.5 million, annualized Recurring Revenue reached USD 421.0 million, up 7.7%, and remaining performance obligations stood at USD 652.9 million.
  • Fourth quarter revenue guidance is USD 117 million to USD 119 million, and the company reiterated its Rule of 20 target for fiscal 2026.

What Moved Rimini Street (30.65% in 1W)

The company released fiscal third quarter results on October 29, 2026, with a call at 5:00 p.m. ET. Revenue of USD 112.1 million was up 8.3%, and adjusted revenue excluding PeopleSoft was USD 109.3 million, up 10.7%. Gross Margin improved to 61.4% from 59.9%, Operating Income reached USD 9.8 million against USD 4.4 million, and Net Income was USD 6.5 million against USD 2.8 million. Subscription revenue was USD 105.2 million, or 93.9% of the total. Rimini Street (NASDAQ:RMNI) then gained 30.65% in 1W to USD 5.20, with the latest session at minus 1.14%. Published coverage described the shares as rising after hours on the release. A published screener snapshot did not show 1M, 3M, 6M or year to date figures for this name.

Why Results and a Billings Surge Re-Rate a Stock Like This

The rationale is an Earnings beat paired with a forward outlook. Billings lead revenue in a subscription model, so a 21.0% jump to USD 80.5 million, or 21.9% on an adjusted basis, signals later revenue growth. Fourth quarter revenue guidance of USD 117 million to USD 119 million compares with USD 112.1 million in the third quarter. Rule of 20 adds revenue growth to adjusted EBITDA margin, and simple arithmetic on 8.3% plus 13.5% gives about 21.8%. Active clients rose 1.9% to 3,214 and trailing revenue retention improved to 90% from 89%. Rimini Street (NASDAQ:RMNI) also repurchased USD 5.0 million of stock and prepaid USD 5.0 million of Debt in the quarter. No other single catalyst was identified.

Valuation, Liquidity and Risks After the Run

After a 30.65% weekly gain, thin trading matters: a small number of trades can move the price and spreads can be wide. A November 4, 2026 market data page showed a price of USD 5.26, a Market Value of USD 487.58 million, P/E of 47.82 times, price to sales of 0.9 times and a 52-week range of USD 2.87 to USD 5.68. USD 5.20 therefore sits about 8.5% under the high by simple arithmetic. Cash was USD 93.3 million against USD 108.7 million a year earlier, with term Loan debt of USD 43.4 million. Nine month net income was USD 10.3 million against USD 36.4 million, which included a USD 36.2 million litigation settlement benefit. Rimini Street (NASDAQ:RMNI) may reverse, and average Volume was not captured.

Where Things Stand

Rimini Street (NASDAQ:RMNI) rallied 30.65% in 1W mainly because third quarter results on October 29, 2026 combined 8.3% revenue growth, a 52.0% rise in adjusted EBITDA and 21.0% billings growth with a USD 117 million to USD 119 million fourth quarter outlook. It appears among the weekly small cap gainers in a published screener snapshot taken November 5, 2026, at USD 5.20.