NEW YORK, NY / ACCESSWIRE / November 19, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that members of management will attend two upcoming investor conferences.On Wednesday, November 20, Jim Heindlmeyer, Chief Financial Officer, will be hosting investor meetings at the 13th Annual ROTH Technology Conference in New York City. To receive additional information, request an invitation, or schedule a one-on-one meeting with Mr. Heindlmeyer, please contact your ROTH Capital representative.On Monday, December 9, Golnar Khosrowshahi, Founder and Chief Executive Officer, and Jim Heindlmeyer, Chief Financial Offic

Robust Activity in Music Publishing Grew Top-Line by 6%Expanded Margins and Strong Cost Discipline Support Strong Profitability GrowthRaises Fiscal 2025 Financial Outlook for Both Top-Line and Adjusted EBITDA NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the second quarter of fiscal 2025 ended September 30, 2024.Recent Highlights:Revenue of $40.7 million, increased 5% organically, or 6% including acquisitions year-over-yearMusic Publishing revenue rose 10% year-over-yearRecorded Music revenue decreased by 1% year-over-yearOperating Income of $

NEW YORK, NY / ACCESSWIRE / October 16, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a publishing deal with Grammy and Juno award-winning singer-songwriter k.d. lang. The deal includes her future works and partial catalog.Born in Edmonton, Alberta, lang has been dubbed "the best singer of her generation" by her collaborator, the late Tony Bennett. She has eight Juno Awards to her name, including Songwriter of the Year (1993), four Grammy awards, including Best Traditional Pop Vocal Album (2004) for A Wonderful World with Tony Bennett, a BRIT Award, an AMA, a VMA, and four awards from GLAAD, among others. In 1996 she was awarded Canad

NEW YORK, NY / ACCESSWIRE / October 16, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the second fiscal quarter of 2025 ended September 30, 2024, before market open on Wednesday, October 30, 2024.Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on October 30, 2024. A live audio webcast of Reservoir's second quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations

NEW YORK, NY / ACCESSWIRE / September 24, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced new publishing deals with renowned rapper Snoop Dogg and Death Row Records. The deals include domestic publishing for Snoop's entire catalog of hits and future works, as well as the publishing catalog of Snoop's Death Row Records.Born Calvin Broadus Jr., Snoop Dogg's fame dates back to 1992 when he first appeared as a featured artist on Dr. Dre's debut single, "Deep Cover," before releasing his own critically acclaimed debut album, Doggystyle, in 1993 via Death Row Records. Featuring hit singles "What's My Name?" and "Gin and Juice," Doggystyle was

Strength within Music Publishing Drove 8% Top-Line Growth12th Consecutive Quarter of Year-Over-Year Revenue Growth Since IPO in 2021NEW YORK, NY / ACCESSWIRE / July 31, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the first quarter of fiscal 2025 ended June 30, 2024.Recent Highlights:Revenue of $34.3 million, increased 6% organically, or 8% including acquisitions year-over-yearMusic Publishing revenue rose 15% year-over-yearRecorded Music revenue decreased by 7% year-over-yearOperating Income of $5.0 million, increased by $1.8 million year-over-yearOIBDA ("Operating Income Before D

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a new publishing deal with critically acclaimed singer-songwriter Wrabel. The deal includes his future works. Based in Los Angeles, Wrabel began his career co-writing songs by pop and rock artists such as Teddy Swims, Kesha, P!nk, Ellie Goulding, Adam Lambert, and Phillip Phillips, as well as EDM artists Kygo and Marshmello, among others. Wrabel has been praised as "one of Hollywood's finest songwriters" by American Songwriter. Some of his most popular collaborations include Platinum-selling "Better Not" by Louis the Child and Wafia, Grammy-nominat

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter of 2025 ended June 30, 2024, before market open on Wednesday, July 31, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on July 31, 2024. A live audio webcast of Reservoir's first quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. An archive

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a new publishing deal with renowned Platinum-selling producer and songwriter Aaron Zuckerman. The deal includes Zuckerman's recent co-write, "White Claw" by Yung Gravy and Shania Twain, along with the majority of Yung Gravy's upcoming album and other future works. Having launched his career in Los Angeles, Zuckerman has established himself as a sought-after writer-producer across diverse genres. Zuckerman recently received a Gold record certification for "Devil Doesn't Bargain" by Alec Benjamin, and his impressive portfolio includes notable works, su

Double-Digit Annual Revenue Growth in Both Segments, Surpassing Full Year Outlook Acquired Publishing & Recorded Rights of Legendary Artists and Emerging Talent Across Genres Fiscal 2025 Financial Outlook Expects Mid-Single Digit Revenue and Adjusted EBITDA Growth at the Mid-Point NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2024 ended March 31, 2024. Fiscal Year 2024 Highlights: Revenue of $144.9 million, increased 14% organically, or 18% including acquisitions year-over-year Music Publishing Re

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a new publishing deal with critically acclaimed singer-songwriter Wrabel. The deal includes his future works. Based in Los Angeles, Wrabel began his career co-writing songs by pop and rock artists such as Teddy Swims, Kesha, P!nk, Ellie Goulding, Adam Lambert, and Phillip Phillips, as well as EDM artists Kygo and Marshmello, among others. Wrabel has been praised as "one of Hollywood's finest songwriters" by American Songwriter. Some of his most popular collaborations include Platinum-selling "Better Not" by Louis the Child and Wafia, Grammy-nominat

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Robust Activity in Music Publishing Grew Top-Line by 6%Expanded Margins and Strong Cost Discipline Support Strong Profitability GrowthRaises Fiscal 2025 Financial Outlook for Both Top-Line and Adjusted EBITDA NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the second quarter of fiscal 2025 ended September 30, 2024.Recent Highlights:Revenue of $40.7 million, increased 5% organically, or 6% including acquisitions year-over-yearMusic Publishing revenue rose 10% year-over-yearRecorded Music revenue decreased by 1% year-over-yearOperating Income of $

NEW YORK, NY / ACCESSWIRE / October 16, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the second fiscal quarter of 2025 ended September 30, 2024, before market open on Wednesday, October 30, 2024.Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on October 30, 2024. A live audio webcast of Reservoir's second quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations

NEW YORK, NY / ACCESSWIRE / September 24, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced new publishing deals with renowned rapper Snoop Dogg and Death Row Records. The deals include domestic publishing for Snoop's entire catalog of hits and future works, as well as the publishing catalog of Snoop's Death Row Records.Born Calvin Broadus Jr., Snoop Dogg's fame dates back to 1992 when he first appeared as a featured artist on Dr. Dre's debut single, "Deep Cover," before releasing his own critically acclaimed debut album, Doggystyle, in 1993 via Death Row Records. Featuring hit singles "What's My Name?" and "Gin and Juice," Doggystyle was

Strength within Music Publishing Drove 8% Top-Line Growth12th Consecutive Quarter of Year-Over-Year Revenue Growth Since IPO in 2021NEW YORK, NY / ACCESSWIRE / July 31, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the first quarter of fiscal 2025 ended June 30, 2024.Recent Highlights:Revenue of $34.3 million, increased 6% organically, or 8% including acquisitions year-over-yearMusic Publishing revenue rose 15% year-over-yearRecorded Music revenue decreased by 7% year-over-yearOperating Income of $5.0 million, increased by $1.8 million year-over-yearOIBDA ("Operating Income Before D

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter of 2025 ended June 30, 2024, before market open on Wednesday, July 31, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on July 31, 2024. A live audio webcast of Reservoir's first quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. An archive

Double-Digit Annual Revenue Growth in Both Segments, Surpassing Full Year Outlook Acquired Publishing & Recorded Rights of Legendary Artists and Emerging Talent Across Genres Fiscal 2025 Financial Outlook Expects Mid-Single Digit Revenue and Adjusted EBITDA Growth at the Mid-Point NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2024 ended March 31, 2024. Fiscal Year 2024 Highlights: Revenue of $144.9 million, increased 14% organically, or 18% including acquisitions year-over-year Music Publishing Re

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the fourth fiscal quarter and fiscal year 2024 ended March 31, 2024, before market open on Thursday, May 30, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time the same day. A live audio webcast of Reservoir's fourth quarter and full year results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-pr

Robust Demand Across Both Segments Drove 14% Top-Line Organic Revenue Growth Raises Fiscal 2024 Full-Year Top-Line and Profitability Outlook NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the third fiscal quarter of 2024 ended December 31, 2023. Recent Highlights: Revenue of $35.5 million, increased 14% organically, or 19% including acquisitions year-over-year Music Publishing revenue rose 15% year-over-yearRecorded Music revenue increased by 32% year-over-year Operating Income of $6.5 million, increased by $1.9 million year-over-yearOIBDA (

NEW YORK , Jan. 25, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the third fiscal quarter ended December 31, 2023, before market open on Wednesday, February 7, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day. A live audio webcast of Reservoir's third quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. An archived ve

Delivers 15% Revenue Growth on Strength of Recorded Music Raises Fiscal 2024 Full-Year Top-Line and Profitability Guidance NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the second fiscal quarter of 2024 ended September 30, 2023. Recent Highlights: Revenue of $38.4 million, increased 10% organically, or 15% including acquisitions year-over-year Music Publishing revenue rose 8% year-over-yearRecorded Music revenue increased by 22% year-over-year Operating Income of $6.1 million, decreased by $0.4 million year-over-yearOIBDA ("Operating Incom

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Reservoir Media The Trade: Reservoir Media, Inc. (NASDAQ:RSVR) 10% owner Wesbild Inc acquired a total of 350,000 shares at 

B. Riley Securities analyst Richard Baldry reiterates Reservoir Media (NASDAQ:RSVR) with a Buy and maintains $13 price target.

B. Riley Securities analyst Daniel Day maintains Reservoir Media (NASDAQ:RSVR) with a Buy and raises the price target from $11 to $11.5.

Reservoir Media (NASDAQ:RSVR) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $0.01 by 300 percent. The company reported quarterly sales of $39.145 million which beat the analyst consensus estimate of $35.364 million by 10.69 percent. This is a 12.45 percent increase over sales of $34.810 million the same period last year.

-SEC Filing

Reservoir Media (NASDAQ:RSVR) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $(0.01) by 400 percent. The company reported quarterly sales of $35.48 million which beat the analyst consensus estimate of $29.86 million by 18.82 percent. This is a 18.52 percent increase over sales of $29.93 million the same period last year.

Companies Reporting Before The Bell • Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million. • Scotts Miracle Gro (NYSE:SMG) is expected to report quarterly loss at $1.53 per share on revenue of $412.83 million. • TotalEnergies (NYSE:TTE) is projected to report quarterly earnings at $2.28 per share on revenue of $41.80 billion. • Equinor (NYSE:EQNR) is likely to report earnings for its fourth quarter. • Euronet Worldwide (NASDAQ:EEFT) is estimated to report quarterly earnings at $1.76 per share on revenue of $944.71 million. • Flex LNG (NYSE:FLNG) is likely to report quarterly earnings at $0.67 per share on revenue of $9