Published on 26 Dec 2023 on Simply Wall St. via Yahoo Finance
It is a pleasure to report that the Rimini Street, Inc. (NASDAQ:RMNI) is up 57% in the last quarter. But if you look at the last five years the returns have not been good. In fact, the share price is down 35%, which falls well short of the return you could get by buying an index fund.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
Check out our latest analysis for Rimini Street