RSVR Stock Recent News

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.

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will attend two upcoming investor conferences.

NEW YORK, May 17, 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 fourth fiscal quarter and fiscal year ended March 31, 2023, before market open on Wednesday, May 31, 2023.

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that Jim Heindlmeyer, Chief Financial Officer, will be hosting a webcasted presentation at 2:00 p.m. Pacific Daylight Time on Monday, March 13, 2023. Investors who wish to access the live conference webcast or a replay should visit the Investor Relations section of the Company's website at https://investors.reservoir-media.com/