secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001104659-24-011387
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q3 revenue up 19% YoY, raises FY2024 guidance
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- Q3 FY24 revenue $35.5M (+19% YoY, 14% organic); operating income $6.5M.
- Music Publishing revenue $23.1M (+15%), Recorded Music $10.0M (+32%).
- Adjusted EBITDA $13.7M (+25% YoY); net loss improved to ($2.9M) from ($4.1M).
- Raised FY2024 guidance: revenue $140M-$142M, Adj EBITDA $53M-$55M.
- Announced deals with artist Theo Katzman and Nancy Ajram catalog via PopArabia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465924011387/0001104659-24-011387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465924011387/tm245383d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-011387

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