Overview

* Reservoir Media ( RSVR ) 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/Mis Actual Consensu

s s

Estimate

Q1 Beat $37.16 $36.30

Revenue mln mln (2

Analysts

)

Q1 EPS -$0.01

Q1 Net Miss -$600,00 $426,500

Income 0 (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 ( RSVR ) 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:

(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.)