earnings
confidence high
sentiment positive
materiality 0.65
Reservoir Media Q2 revenue up 15% to $38.4M; Adj. EBITDA rises 24% to $15.9M
Reservoir Media, Inc.
- Q2 FY2024 revenue $38.4M, up 15% from $33.3M in Q2 FY2023.
- Adj. EBITDA $15.9M vs $12.8M YoY, up 24%.
- Operating income $6.1M vs $6.6M YoY, down 8%.
- M&A pipeline $2.0B+; 55 deals closed in FY2023; $757M capital deployed since inception.
- Organic revenue CAGR 13% (FY2018-2023) outperforms industry 7%.