---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115019"
form_type: "8-K"
ticker: "RSVR"
cik: "0001824403"
company_name: "Reservoir Media, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T17:03:37.319240+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Reservoir Media Q2 FY2024 revenue up 15% to $38.4M; raises full-year guidance

## Summary
- Adjusted EBITDA rose 24% YoY to $15.9M; operating income was $6.1M, down slightly from $6.6M.
- Net income fell to $0.7M ($0.01 per share) from $4.5M ($0.07), hit by $2.7M write-off of recoupable legal fees.
- Recorded Music revenue grew 22% to $10.8M; Music Publishing revenue up 8% to $25.9M.
- FY2024 guidance raised: revenue $133-137M (10% growth at mid-point), Adjusted EBITDA $50-52M (10% growth).
- Total liquidity $132.8M including $20.6M cash; net debt $311.6M.

## SEC filing metadata
- accession: 0001104659-23-115019
- form_type: 8-K
- ticker: RSVR
- cik: 0001824403
- company_name: Reservoir Media, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824403/000110465923115019/0001104659-23-115019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824403/000110465923115019/tm2329996d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115019
- JSON: https://secwatch.observer/filing/0001104659-23-115019.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115019.txt

## Key facts
- Earnings Releases
  Reservoir Media, Inc. reported the second fiscal quarter of 2024 ended September 30, 2023 results: revenue $38.4 million, net income $0.7 million, or $0.01 per share, EPS $0.01 per share. Guidance raised.
  - Period: the second fiscal quarter of 2024 ended September 30, 2023
  - Revenue: $38.4 million
  - Net income: $0.7 million, or $0.01 per share
  - EPS: $0.01 per share
  - Guidance: raised
  - Result: reported results
  source text: 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 o Music Publishing revenue rose 8% year-over-year o Recorded Music revenue increased by 22%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824403/000110465923115019/0001104659-23-115019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.