Reservoir Media Announces First Quarter Fiscal 2026 Results

About this update from Reservoir Media, Inc..

Strong Results in Both Segments Grew Total Revenue by 8% NEW YORK CITY, NY / ACCESS Newswire / August 5, 2025 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the first quarter of fiscal 2026 ended June 30, 2025.Recent Highlights:Revenue of $37.2 million, increased 5% organically, or 8% including acquisitions year-over-yearMusic Publishing Revenue rose 4% year-over-yearRecorded Music Revenue increased by 8% year-over-yearOperating Income of $5.4 million, increased by 10% year-over-yearOIBDA ("Operating Income Before Depreciation & Amortization") of $12.8 million, an increase of 12% year-over-yearNet Loss of ($0.6) million, or ($0.01) per share, compared to a net loss of ($0.5) million, or ($0.01) per shareAdjusted EBITDA of $13.9 million, up 10% year-over-yearInvested in London-based immersive entertainment company Lightroom, also providing access to Reservoir's catalog for new IP-driven experiencesStruck a deal with independent tastemaker record label Fool's Gold Records to acquire the master rights of five of the label's artists and exclusively market and distribute all other recordings including future releasesExtended publishing deals with music icon Joni Mitchell and Grammy award-winning songwriter and producer Khris Riddick-TynesWelcomed writer-producers Oscar Linnander and Jayme Silverstein to the rosterManagement Commentary:"We achieved healthy top-line growth in the first fiscal quarter, while continuing to manage our costs to generate a 10% year-over-year improvement in our adjusted EBITDA," said Golnar Khosrowshahi, Founder and Chief Executive Officer of Reservoir Media. "Reservoir remains focused on identifying opportunities for both capital deployment and value enhancement, as evidenced by our acquisition of independent tastemaker label Fool's Gold, and recently announced investment in immersive entertainment company Lightroom. As we enter the second fiscal quarter, we are building on strong momentum and are well-positioned to continue focusing on organic growth opportunities for our catalog of high-quality music, while remaining a trusted partner to our growing roster of creators."First Quarter Fiscal 2026 Financial ResultsSummary Financials Q1 FY26 Q1 FY25 Change Total Revenue $37.2 $34.3 8% Music Publishing Revenue $24.9 $24.0 4% Recorded...

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