Rimini Street Sees Q3 FY23 Revenue $105.5M-$107.5M Vs $106.16M Est
Portfolio Pulse from Benzinga Newsdesk
Rimini Street has projected its Q3 FY23 revenue to be between $105.5M and $107.5M, which is slightly lower than the estimated $106.16M.
August 04, 2023 | 12:22 pm
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NEGATIVE IMPACT
Rimini Street's projected Q3 FY23 revenue is slightly lower than the estimated $106.16M, which may negatively impact its stock price.
Rimini Street's projected revenue for Q3 FY23 is slightly lower than the market's expectations. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100