RSVR Stock Recent News

Reservoir Media (RSVR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Reservoir Media (RSVR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Reservoir Media, Inc. (NASDAQ:RSVR ) Q4 2024 Earnings Conference Call May 30, 2024 10:00 AM ET Company Participants Jackie Marcus - Investor Relations, Alpha IR Group Golnar Khosrowshahi - Chief Executive Officer Jim Heindlmeyer - Chief Financial Officer Conference Call Participants Griffin Boss - B. Riley Securities Richard Baldry - ROTH Capital Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for the Fourth Quarter and Fiscal Year 2024 ended March 31, 2024.

Reservoir Media, Inc. (RSVR) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.06 per share a year ago.

Double-Digit Annual Revenue Growth in Both Segments, Surpassing Full Year Outlook Acquired Publishing & Recorded Rights of Legendary Artists and Emerging Talent Across Genres Fiscal 2025 Financial Outlook Expects Mid-Single Digit Revenue and Adjusted EBITDA Growth at the Mid-Point NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2024 ended March 31, 2024. Fiscal Year 2024 Highlights: Revenue of $144.9 million, increased 14% organically, or 18% including acquisitions year-over-year Music Publishing Revenue increased 15% year-over-year Recorded Music Revenue increased by 22% year-over-year Operating Income of $24.6 million, an increase of 17% year-over-year OIBDA (“Operating Income Before Depreciation & Amortization”) of $49.6 million, an increase of 15% year-over-year Net Income $0.8 milli

Reservoir Media (RSVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the fourth fiscal quarter and fiscal year 2024 ended March 31, 2024, before market open on Thursday, May 30, 2024.

Reservoir Media, Inc. (RSVR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to break-even earnings per share a year ago.

NEW YORK , Jan. 25, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the third fiscal quarter ended December 31, 2023, before market open on Wednesday, February 7, 2024.

Reservoir Media, Inc. (NASDAQ:RSVR ) Q2 2024 Results Conference Call November 7, 2023 10:00 AM ET Company Participants Jackie Marcus - Alpha IR Group Golnar Khosrowshahi - Founder and CEO Jim Heindlmeyer - CFO Conference Call Participants Dan Day - B. Riley Securities Richard Baldry - ROTH Capital Alex Fuhrman - Craig-Hallum Capital Group Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for the second quarter of fiscal year 2024 ended September 30, 2023.