secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001104659-22-115696
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q2 FY2023 revenue up 10% to $33.3M; raises full-year guidance
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- Total revenue $33.3M (+10% YoY); Music Publishing revenue $24.1M (+9%), Recorded Music $8.9M (+11%).
- Adjusted EBITDA $12.8M (+1% YoY); net income $4.5M (+3%); diluted EPS $0.07 vs $0.08 in prior year.
- Fiscal 2023 guidance raised: revenue $118-122M, adjusted EBITDA $45-47M (mid-point growth ~11% each).
- Acquired catalogs including Louis Prima and Voice of Beirut; M&A target of $100M for fiscal 2023 maintained.
- Cash and equivalents $18.8M with $67.4M available under revolver for total liquidity of $86.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465922115696/0001104659-22-115696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465922115696/tm2229917d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-115696

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer