secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001104659-23-086593
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q1 FY2024 revenue up 31% to $31.8M; Adj. EBITDA +36% to $10.1M
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- Revenue $31.8M, up 31% YoY (21% organic); Music Publishing +26%, Recorded Music +37%.
- Adjusted EBITDA $10.1M, up 36% YoY; Operating Income $3.1M; Net Income $0.2M ($0.00 EPS).
- Maintains FY2024 guidance: Revenue $127M-$132M, Adj. EBITDA $49M-$52M (mid-point growth 6% and 9%).
- Music Publishing OIBDA margin expanded to 27% from 23%; Recorded Music margin declined to 34% from 39% on physical mix.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923086593/0001104659-23-086593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923086593/tm2322585d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-086593

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