Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Reservoir Media (RSVR)
NASDAQ:RSVR
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -5.29%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance by Reservoir Media with significant revenue growth, improved EBITDA, and strategic acquisitions. However, this was tempered by increased operating expenses and interest costs, along with a decline in neighboring rights revenue. The overall sentiment is optimistic due to the raised guidance and Grammy recognition, despite some financial challenges.Company Guidance
During the call, Reservoir Media provided guidance for the fiscal year 2025, highlighting strong financial performance in the third quarter. The company reported total revenue of $42.3 million, marking a 19% improvement from the previous year, driven by a 16% increase in music publishing revenue and a 20% increase in recorded music revenue. The adjusted EBITDA was $17.3 million, a 26% increase year-over-year. Reservoir also announced an increase in their full-year revenue guidance range to $155 million to $158 million and adjusted EBITDA guidance to $61.5 million to $64.5 million, implying growth of 8% and over 13% respectively. The company's strategy focuses on growing its music portfolio through acquisitions, with over $70 million deployed in catalog acquisitions year-to-date, and they maintain a robust pipeline of off-market deals.Strong Revenue Growth
Reservoir Media reported a total revenue of $42.3 million for the third quarter of fiscal year 2025, representing a 19% improvement over the same period last year. This growth was driven by a 16% increase in music publishing revenue and a 20% increase in recorded music revenue.
Significant Improvement in EBITDA
The company achieved an adjusted EBITDA of $17.3 million, marking a 26% improvement from the year-ago quarter, due to effective cost management and increased revenues.
Successful Catalog Acquisitions
Reservoir Media deployed over $70 million in catalog acquisitions year-to-date, securing notable talents such as Snoop Dogg and k.d. lang, and acquiring the rights to the catalog of Grammy Award-winning composer Lebohang Morake.
Increased Guidance for Fiscal 2025
The company raised its full-year revenue guidance to $155 million - $158 million and adjusted EBITDA guidance to $61.5 million - $64.5 million, reflecting confidence in continued growth.
Grammy Awards Recognition
Reservoir celebrated six wins across its roster at the 2025 Grammy Awards, highlighting the company's successful management and creative efforts.
---
RSVR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
RSVR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $8.13 | $8.30 | +2.09% |
| Oct 30, 2024 | $8.79 | $8.66 | -1.48% |
| Jul 31, 2024 | $8.31 | $7.96 | -4.21% |
| May 30, 2024 | $7.79 | $8.27 | +6.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Reservoir Media (RSVR) report earnings?
Reservoir Media (RSVR) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Reservoir Media (RSVR) earnings time?
Reservoir Media (RSVR) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RSVR EPS forecast?
RSVR EPS forecast for the fiscal quarter 2025 (Q4) is 0.04.
---