Price Crosses Moving Average
Previous Close | 6.54 |
Open | 6.49 |
Bid | 6.39 x 1300 |
Ask | 6.48 x 800 |
Day's Range | 6.32 - 6.65 |
52 Week Range | 4.42 - 7.97 |
Volume | |
Avg. Volume | 123,388 |
Market Cap | 411.108M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 42.47 |
EPS (TTM) | 0.15 |
Earnings Date | Aug 03, 2023 - Aug 07, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 12.67 |
Delivers 13% Annual Top-Line Growth Driven by Strong Results in Digital, Exceeds Full Fiscal Year Revenue Outlook Issues Fiscal 2024 Outlook, Including 4% to 8% Revenue Growth and 6% to 12% Adjusted EBITDA Growth NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2023 ended March 31, 2023. Fiscal Year 2023 Highl
NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will attend two upcoming investor conferences. On Thursday, May 25, 2023, Jim Heindlmeyer, Chief Financial Officer, will be partaking in an invitation-only fireside chat at 9:00 a.m. Pacific Daylight Time at the 23rd Annual B. Riley Securities Institutional Investor Conference in Beverly Hills, CA. To receive additiona
NEW YORK, May 17, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the fourth fiscal quarter and fiscal year ended March 31, 2023, before market open on Wednesday, May 31, 2023. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time the same day. A live audio webcast of Reservoir’s fourth quarter and full fiscal
NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that Jim Heindlmeyer, Chief Financial Officer, will be hosting a webcasted presentation at 2:00 p.m. Pacific Daylight Time on Monday, March 13, 2023. Investors who wish to access the live conference webcast or a replay should visit the Investor Relations section of the Company’s website at https://investors.reservoir-media.c
Grammy-winning hip-hop trio releases entire back catalog on all streaming services for the first time everNEW YORK, March 03, 2023 (GLOBE NEWSWIRE) -- As announced by the Grammy-winning hip-hop trio De La Soul today, the group’s iconic catalog is now available on digital streaming services for the first time ever, with support from Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”) and distribution by Reservoir-owned Chrysalis Records. This momentous release stems from Reservoir
Double-Digit Revenue Growth Driven by Continued Strength in Music Publishing Expands portfolio of artists with multiple margin-accretive deals Raises Midpoint of Full Year Revenue and Adjusted EBITDA Guidance NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the third fiscal quarter of 2023 ended December 31, 2022. Recent Highlights: Revenue of $29.9 mi
NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the third fiscal quarter ended December 31, 2022, before market open on Wednesday, February 8, 2023. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day. A live audio webcast of Reservoir’s third fiscal quarter results discussion
Grammy-winning hip-hop trio releases back catalog on all streaming services for the first time everNEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- As announced by the Grammy-winning hip-hop trio De La Soul today, the group’s iconic catalog will be released on digital streaming services for the first time ever on March 3, 2023, with support from Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”) and distributed by Reservoir-owned Chrysalis Records. In 2021, Reservoir secured De La So
10% Top-line growth driven by robust Digital and Synchronization demand Raises full year guidance across the board Continues to execute against capital deployment target of $100 million for M&A in fiscal 2023 NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the second fiscal quarter of 2023 ended September 30, 2022. Recent Highlights: Revenue of $33.3
NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the second fiscal quarter ended September 30, 2022, before market open on Tuesday, November 8, 2022. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day. A live audio webcast of Reservoir’s second fiscal quarter results discussio
Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 21-22, 2022.
NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that Golnar Khosrowshahi, Chief Executive Officer, and Jim Heindlmeyer, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investment Conference, taking place on September 21, 2022. Reservoir’s group presentation will begin at 3:15 p.m. Eastern Daylight Time. Inv
The National Music Publishers’ Association (NMPA), Nashville Songwriters Association International (NSAI), and Digital Media Association (DiMA) Have Reached a Settlement for Mechanical Streaming Royalty Rates to Increase to 15.35% over the Next Five YearsNEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today commended a landmark settlement reached between the National Music Publishers’ As
Discussion to Focus on Recent and Future CRB Rulings and How These Developments Impact the Music IndustryNEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that the Company will host a virtual Town Hall event in which Reservoir Founder and Chief Executive Officer Golnar Khosrowshahi will be joined by National Music Publishers’ Association (NMPA) President and Chief Executive
Delivers 46% top-line growth driven by increases in Digital and Synchronization revenues, as well as strength in Performance revenues Reaffirms full fiscal year revenue and profitability guidance NEW YORK, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the first fiscal quarter of 2023 ended June 30, 2022. Recent Highlights: Revenue of $24.3 million, increased
Company highlights its commitment to corporate responsibility, stakeholder engagement, and holistic approach to achieving sustainabilityNEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today issued its inaugural Environmental, Social, and Governance (ESG) Report, which details the Company’s global ESG objectives and progress made against those objectives, and reinforces the Company’s stron
Acquires Sorum’s Publishing & Recorded Music Rights Catalogs and Announces a New Publishing Deal for Future Works NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced a new deal with Rock and Roll Hall of Fame member Matt Sorum. The deal includes the acquisition of his publishing and recorded music rights catalogs, as well as publishing rights for his future works. Throughout h
NEW YORK, July 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter ended June 30, 2022, before market open on Friday, August 5, 2022. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time the same day. A live audio webcast of Reservoir’s first fiscal quarter results discussion will be
Copyright Royalty Board Upholds Increased Streaming Rates for Songwriters and Music Publishers, Denying Digital Service Providers’ AppealNEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today commended the U.S. Copyright Royalty Board’s (CRB) long-awaited decision to uphold increased mechanical streaming royalty rates for songwriters and music publishers, retroactive to the beginning of 20
Inclusion in leading small-cap index expected to support daily trading and investor visibilityNEW YORK, July 05, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR), an award-winning independent music company today announced that Reservoir has been added as a member of the US small-cap Russell 2000® Index, effective after the US market opened on June 27, as part of the 2022 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is ba
NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR), an award-winning independent music company, today announced that its Founder and CEO Golnar Khosrowshahi is joining the New York Philharmonic Board of Directors. Effective immediately, Khosrowshahi will join fellow board members in providing oversight and enabling the New York Philharmonic to continue to grow and share music at a global scale. Founded in 1842, the New York Philharmonic is the oldest symphony orches
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Reservoir Media, Inc...
Delivers 34% annual top-line growth, exceeds $200 million capital deployment goal for the fiscal year, and exceeds full fiscal year revenue and profitability outlook Issues fiscal 2023 outlook, including 8%-to-12% top-line growth NEW YORK, June 21, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2022 ended March 31, 2022. Four
NEW YORK, June 16, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the fourth fiscal quarter and year ended March 31, 2022, before market open on Tuesday, June 21, 2022. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day. A live audio webcast of Reservoir’s fourth quarter and full fiscal year r
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...