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AI brief of an SEC Form 8-K · Reservoir Media, Inc. (RSVR)

Reservoir Media raises fiscal 2027 revenue and Adjusted EBITDA outlook

Positive Impact 4 of 5 guidance Written later

Reservoir Media reported second-quarter fiscal 2027 revenue of $49.9 million, up 10% from a year earlier, and net income of $4.6 million, or $0.07 per share, compared with $2.2 million, or $0.03 per share, in the prior-year quarter. The company narrowed and raised its fiscal 2027 outlook to revenue of $188 million to $192 million and Adjusted EBITDA of $77 million to $80 million, which signals higher expected results for the year ending March 31, 2027.

Key points

  • Revenue of $49.9 million rose 10%; Recorded Music revenue increased 18% and Music Publishing revenue increased 8%
  • Operating income of $12.3 million rose 15%, and Adjusted EBITDA of $22.1 million rose 14%
  • Fiscal 2027 guidance: revenue of $188 million to $192 million (8% growth at midpoint) and Adjusted EBITDA of $77 million to $80 million (7% growth at midpoint)
  • Cash provided by operating activities for the six months ended September 30, 2026 was $21.6 million, down $3.7 million; total debt was $458.6 million

The filing

CompanyReservoir Media, Inc. (RSVR)
Form8-K, current report
Filed with the SECNov 4, 2026, 8:00 AM ET
Accession number0001104659-26-122378

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.