Reservoir Media Q4 revenue rises 15% on recorded music strength

Reservoir Media

28/05/2026 12:08

((This story was generated using AI and automation, please see
disclaimer https://bit.ly/rtrsnai))
    
    Overview
  
    * US independent music company's Q4 revenue rose 15% yr/yr, led by recorded music
    * Q4 adjusted EPS rose to $0.07 from $0.04 a year ago
    * Company forecasts fiscal 2027 revenue and adjusted EBITDA to grow mid-single digits

    
    Outlook
  
    * Reservoir Media sees FY27 revenue between $186 mln and $191 mln
    * Company expects FY27 adjusted EBITDA between $75 mln and $79 mln
    * Reservoir Media says robust deal pipeline supports continued catalog expansion in FY27

    
    Result Drivers
  
    * PUBLISHING GROWTH - Q4 publishing revenue rose on higher digital and synchronization revenue, partially offset by lower performance revenue
    * RECORDED MUSIC GAINS - Q4 recorded music revenue rose on double-digit growth in digital and synchronization revenues
    * CATALOG ACQUISITIONS - Recent catalog acquisitions and international expansion contributed to revenue growth

    
Company press release:  ID:nACSqMWdNa 
    
    Key Details
  
                               
                               
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
                               
                               
 Q4                  $47.5     $44.47
 Revenue             mln       mln (2
                               Analysts
                               )
 Q4 EPS              $0.07      
 Q4 Net              $4.1 mln   
 Income                        
    
    Analyst Coverage
  
    * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "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 $13.00, about 25% above its May 27 closing price of $10.40
    * The stock recently traded at 95 times the next 12-month earnings vs. a P/E of 68 three months ago

    
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(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.)