Rimini Street, Inc. announced it has been appointed as a Dayforce. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal and any new claims; any expenses to be incurred to comply with any injunction ordered by the courts relating to the Rimini II litigation matter and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of any recessionary macro-economic trends, heightened geopolitical threats and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which the company operate and the industries in which clients operate; the evolution of the enterprise software management and support landscape and the ability to educate the market to attract and retain clients and further penetrate the client base; significant competition in the software support services industry and its intentions with respect to its pricing model; customer adoption of its expanded portfolio of products and services and products and services we expect to introduce; its expectations regarding new product offerings, partnerships and alliance programs, including but not limited to its partnership with ServiceNow; its ability to grow its revenue and accurately forecast revenue, along with the results of any efforts to manage costs in light of current revenue expectations and expansion of its offerings; the expected impact of reductions in workforce during the last and current fiscal year and associatedization costs; estimates of the total addressable market and expectations of client savings relative to use of other providers; variability of timing in its sales cycle; risks relating to retention rates, including ability to accurately predict retention rates; the loss of one or more members of its management team; its ability to attract and retain additional qualified personnel; business plan, its ability to grow in the future and its ability to achieve and maintain profitability; plans to wind-down the offering of services for Oracle PeopleSoft products; the volatility of its stock price and related compliance with stock exchange requirements; need and ability to raise equity or debt financing on favorable terms and its ability to generate cash flows from operations to help fund increased investment in growth initiatives; risks associated with global operations; its ability to prevent unauthorized access to its information technology systems and other cybersecurity threats; any deficiencies associated with generative artificial intelligence (AI) technologies potentially used by us or used by third-party vendors and service providers; ability to protect the confidential information of employees and clients and to comply with privacy regulations; ability to maintain an effective system of internal control over financial reporting; ability to maintain, protect and enhance brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs (including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for tariffatory trade measures by affected countries); a failure by to establish adequate tax reserves; ability to realize benefits from net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of business to additional costs or risks from reporting on such matters; ability to maintain good standing with the United States government and international governments and capture new contracts with governmental entities; our credit facility's ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street's equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading "Risk Factors" in Rimini Street's equity securities. Rimini Street's Quarterly Report on Form 10-Q filed on May 1, 2025, and as updated from time to time by Rimini Street's quarterly Report on May 1, 2025.
Rimini Street, Inc. Launches Rimini Manage?? for Dayforce
Published on 05/20/2025 at 11:37
Share
Share
© S&P Capital IQ - 2025