Reservoir Media Q1 FY2027 revenue $41.5M (+12% YoY); reaffirms FY guidance

Reservoir Media, Inc.

Revenue $41.5M, up 12% YoY (6% organic); Music Publishing +6%, Recorded Music +35%.
Adjusted EBITDA $15.7M (+13% YoY); net loss improved to ($0.5M) from ($0.6M).
Reaffirmed FY2027 guidance: revenue $186M-$191M, Adjusted EBITDA $75M-$79M.
Announced acquisitions/JVs: Nacional Records, TU Publishing, Some Action; signed T.I. publishing deal.
Cash $13.7M, revolver availability $85.2M; net debt $448.5M.

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