RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS
Reservoir Media reported Q2 fiscal 2027 revenue of $49.9 million, up 10% year-over-year (4% organic), led by 18% growth in Recorded Music and 8% growth in Music Publishing. Net income more than doubled to $4.6 million ($0.07 EPS vs. $0.03 a year ago), while Adjusted EBITDA rose 14% to $22.1 million and Recorded Music OIBDA margin expanded from 51% to 54%. Management narrowed and raised FY27 guidance to revenue of $188M-$192M (8% growth at midpoint) and Adjusted EBITDA of $77M-$80M (7% growth at midpoint).
Key figures
- Eps
- 0.07
- Revenue
- 49909614
- Guidance
- FY27 revenue $188M-$192M (8% growth at midpoint) and Adjusted EBITDA $77M-$80M (7% growth at midpoint), narrowed and raised
- Revenue Yoy
- 10%
- Cash
- 24777667
- Oibda
- 20715000
- Net debt
- 433800000
- Oibda yoy
- 14%
- Net income
- 4632891
- Total debt
- 458597737
- Net income yoy
- 110%
- Adjusted ebitda
- 22081000
- Operating income
- 12262430
- Adjusted ebitda yoy
- 14%
- Available liquidity
- 113900000
- Recorded music revenue
- 15351000
- Music publishing revenue
- 33248000
- Recorded music revenue yoy
- 18%
- Music publishing revenue yoy
- 8%
- Six month operating cash flow
- 21600000
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