Earnings release
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RES ESERVOIR RESERVOIR MEDIA ANNOUNCES FIRST QUARTER FISCAL 2027 RESULTS August 04 , 2026 12 % Top - Line Growth Driven by 6 % Publishing and 35 % Recorded Music Growth NEW YORK , Aug. 4 , 2026 / PRNewswire / -- Reservoir Media , Inc. ( NASDAQ : RSVR ) ( " Reservoir " or the " Company " ) , an award - winning independent music company , today announced financial results for the first quarter of fiscal 2027 ended June 30 , 2026 . Recent Highlights : • Revenue of $ 41.5 million , increased 6 % organically , or 12 % including acquisitions year - over - year Music Publishing Revenue rose 6 % year - over - year Recorded Music Revenue increased 35 % year - over - year • Operating Income of $ 5.4 million , decreased 1 % year - over - year • OIBDA ( " Operating Income Before Depreciation & Amortization " ) of $ 13.7 million , an increase of 7 % year - over - year • Net Loss of ( $ 0.5 ) million , or $ 0.00 per share , compared to a net loss of ( $ 0.6 ) million , or ( $ 0.01 ) per share in the year - ago period Adjusted EBITDA of $ 15.7 million , up 13 % year - over - year • Invested in two new complementary strategic partnerships in Latin music : • Announced the acquisition of the catalog of independent Latin label Nacional Records , along with the catalog of its publishing arm , Canciones Nacionales . Reservoir and Nacional also entered a joint venture to sign and develop recording artists and songwriters • Entered into a new joint venture with Latin music company TU Publishing to publish all current and future writers signed to the company , as well as catalogs acquired by the company • Partnered with U.K. A & R Executive Ollie Hodge to bring his independent label , Some Action , under Reservoir's label operations via a new joint venture • Announced a publishing deal with Grammy Award - winning and multi - Platinum - selling hip - hop icon T.I. that spans his entire publishing catalog and future works • Welcomed multi - Platinum global pop songwriter - producer Adam Kapit and alt - pop / rock artist Jarrett Doherty , frontman of Jady , to the roster Management Commentary : " We delivered a strong first quarter of fiscal 2027 , with robust performance across both our Publishing and Recorded Music segments , underscoring the strength of our portfolio and the continued success of our strategy , " said Golnar Khosrowshahi , Founder and Chief Executive Officer of Reservoir Media . " Whether signing marquee talent such as T.I. , expanding our recorded music business with key frontline partners like Some Action , or establishing a stronger foothold in high - growth markets like Latin music , we have demonstrated