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NEW YORK, Oct. 24, 2023 (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 second fiscal quarter ended September 30, 2023, before market open on Tuesday, November 7, 2023.
Media Conglomerates like Disney (DIS), Sphere Entertainment (SPHR) and Reservoir (RSVR) are benefiting from the growing demand for high-speed Internet and increased media consumption amid significant cord-cutting.
Reservoir Media, Inc. (NASDAQ:RSVR ) Q1 2024 Results Conference Call August 2, 2023 10:00 AM ET Company Participants Jackie Marcus - Alpha IR Group Golnar Khosrowshahi - CEO Jim Heindlmeyer - CFO Conference Call Participants Alex Fuhrman - Craig-Hallum Capital Group Richard Baldry - ROTH Dan Day - B. Riley Securities Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for the First Quarter of Fiscal 2024 ended June 30, 2023.
Reservoir Media, Inc. (RSVR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago.
NEW YORK, July 19, 2023 (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 first fiscal quarter ended June 30, 2023, before market open on Wednesday, August 2, 2023.
Media Conglomerates like Pearson (PSO), Sphere Entertainment (SPHR) and Reservoir (RSVR) are benefiting from the growing demand for high-speed Internet and increased media consumption amid significant cord-cutting.
Reservoir Media, Inc. (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.
The consensus price target hints at an 86.1% upside potential for Reservoir Media, Inc. (RSVR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Reservoir Media, Inc. (NASDAQ:RSVR ) Q4 2023 Earnings Conference Call May 31, 2023 10:00 AM ET Company Participants Jackie Marcus - Managing Director, Alpha IR Group Golnar Khosrowshahi - Founder and Chief Executive Officer Jim Heindlmeyer - Chief Financial Officer Conference Call Participants Richard Baldry - ROTH MKM Alex Fuhrman - Craig-Hallum Capital Group, LLC 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 2023 Ended March 31, 2023. At this time, all participants are in a listen-only mode.
Reservoir Media, Inc. (RSVR) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.