Reservoir Media (NASDAQ:RSVR) Issues Quarterly Earnings Results

Reservoir Media (NASDAQ:RSVR) issued its earnings results on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01, FiscalAI reports. Reservoir Media had a net margin of 3.87% and a return on equity of 1.78%. The company had revenue of $45.57 million during the quarter, compared to analyst estimates of $42.63 million.

Here are the key takeaways from Reservoir Media’s conference call:

• Guidance raised: Reservoir bumped FY26 revenue guidance to $170–$173M (midpoint ≈ +8% YoY) and raised Adjusted EBITDA guidance to $71.5–$73.5M (midpoint > +10% YoY).
• Q3 results showed continued top-line growth with revenue of $45.6M (organic +5%, including acquisitions +8%), music publishing up 12% to $30.1M, recorded music up 8% to $12.9M, and Adjusted EBITDA up 11% to $19.2M.
• Active M&A and artist deals are driving portfolio expansion — recent moves include the Miles Davis centennial launch, acquisition of Bertie Higgins, new agreements with Gladys Knight and T.I., and strategic JVs in India and Jamaica — and management expects M&A to continue at a similar pace with favorable multiples.
• Leverage and earnings pressure: total debt rose to $452.3M (net debt $431.7M), interest expense increased to $6.6M, and net income fell to ~$2.2M (EPS $0.03) largely due to a loss on swaps and higher financing costs.
• Management emphasized long-term tailwinds from streaming price increases and faster growth in emerging markets, which they say offer attractive acquisition multiples and support future revenue growth.

Reservoir Media Stock Performance

Shares of NASDAQ:RSVR traded down $0.00 during trading on Friday, reaching $7.49. The stock had a trading volume of 754 shares, compared to its average volume of 63,133. The stock has a fifty day simple moving average of $7.47 and a two-hundred day simple moving average of $7.61. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.13. Reservoir Media has a 52 week low of $6.56 and a 52 week high of $8.50. The firm has a market capitalization of $491.01 million, a price-to-earnings ratio of 83.29 and a beta of 0.88.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RSVR. BNP Paribas Financial Markets lifted its position in shares of Reservoir Media by 101.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,003 shares of the company’s stock worth $54,000 after purchasing an additional 3,521 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Reservoir Media by 373.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,504 shares of the company’s stock worth $58,000 after buying an additional 5,918 shares during the period. Gabelli Funds LLC increased its position in Reservoir Media by 19.6% in the 3rd quarter. Gabelli Funds LLC now owns 27,500 shares of the company’s stock worth $224,000 after buying an additional 4,500 shares during the period. Bank of America Corp DE lifted its holdings in shares of Reservoir Media by 31.4% during the second quarter. Bank of America Corp DE now owns 42,356 shares of the company’s stock worth $325,000 after buying an additional 10,120 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Reservoir Media by 56.7% in the first quarter. Jane Street Group LLC now owns 49,649 shares of the company’s stock valued at $379,000 after acquiring an additional 17,963 shares during the period. Institutional investors own 44.38% of the company’s stock.

Wall Street Analyst Weigh In

RSVR has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reservoir Media in a research report on Monday, December 29th. Wall Street Zen cut Reservoir Media from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Reservoir Media currently has a consensus rating of “Hold” and a consensus target price of $11.50.

About Reservoir Media

Reservoir Media Inc is a global independent music rights management company that acquires, administers and monetizes music publishing and master recording assets. Its business model centers on building a diverse portfolio of copyrights and recordings across genres, then generating revenue through licensing, royalty collection and direct-to-fan initiatives. Reservoir’s catalog includes works by established and emerging songwriters and artists, spanning pop, rock, country, R&B and other contemporary styles.

The company operates two primary segments: music publishing and recorded music.