Reservoir Media Announces First Quarter Fiscal 2023 Results
Reservoir Media, Inc.. (RSVR)
Company Research
Source: GlobeNewswire
Delivers 46% top-line growth driven by increases in Digital and Synchronization revenues, as well as strength in Performance revenues Reaffirms full fiscal year revenue and profitability guidance NEW YORK, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the first fiscal quarter of 2023 ended June 30, 2022. Recent Highlights: Revenue of $24.3 million, increased 14% organically, or 46% including acquisitions year-over-year Music Publishing revenue rose 35% year-over-yearRecorded Music revenue increased by 80% year-over-year Operating Income of $1.3 million, increased by $1.1 million year-over-yearOIBDA (“Operating Income Before Depreciation & Amortization”) of $6.7 million, an increase of 56%Net Income of $0.0 million, or $0.00 per share, 5 cents above the prior year periodAdjusted EBITDA of $7.4 million, up 73% year-over-yearClosed multiple cata
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News
- Reservoir Media Releases Its Inaugural ESG ReportGlobeNewswire
- Reservoir Announces New Deal With Rock and Roll Hall of Fame Drummer Matt SorumGlobeNewswire
- Reservoir Media to Release First Quarter Fiscal Year 2023 Results on August 5, 2022GlobeNewswire
- Reservoir Commends U.S. Copyright Royalty Board Phonorecords III Ruling [TheStreet.com]TheStreet.com
- Reservoir Commends U.S. Copyright Royalty Board Phonorecords III RulingGlobeNewswire
RSVR
Earnings
- 8/5/22 - Beat
RSVR
Sec Filings
- 8/11/22 - Form 4
- 8/11/22 - Form EFFECT
- 8/5/22 - Form 424B3
- RSVR's page on the SEC website