Brief: Reservoir Media Q1 EPS USD -0.01

Reservoir Media

05/08/2025 12:00

Overview

Reservoir Media Q1 revenue rises 8% to $37.2 mln, beating analyst expectations

Net loss of $0.6 mln in Q1, missing analyst expectations

Adjusted EBITDA for Q1 increases 10% yr/yr to $13.9 mln

Outlook

Reservoir maintains FY26 revenue guidance of $164 mln to $169 mln

Reservoir expects FY26 adjusted EBITDA of $68 mln to $72 mln

Company focuses on organic growth and creator partnerships in Q2

Reservoir sees strong momentum into second fiscal quarter

Result Drivers

SYNCHRONIZATION LICENSING - Significant upswing in synchronization licensing drove Music Publishing revenue growth

DIGITAL EXPANSION - Recorded Music revenue increase attributed to continued expansion of music streaming services

ACQUISITIONS - Revenue growth supported by acquisition of additional catalogs and strategic partnerships

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$37.16 mln
$36.30 mln (2 Analysts)
Q1 EPS
-$0.01
Q1 Net Income
Miss
-$600,000
$426,500 (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the entertainment production peer group is "buy"

Wall Street's median 12-month price target for Reservoir Media Inc is $13.25, about 41.1% above its August 4 closing price of $7.81

The stock recently traded at 53 times the next 12-month earnings vs. a P/E of 42 three months ago

Press Release: ID:nACSM8KlLa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)