Reservoir Media Inc. reported total revenue of $45.4 million for the second quarter of fiscal 2026, a 12.0% increase from $40.7 million in the same period last year. Music publishing revenue rose 8.0% to $30.9 million, while recorded music revenue increased 21.0% to $13.0 million. Adjusted EBITDA guidance for fiscal year 2026 was revised to $70 million to $72 million, reflecting an 8.0% expected growth at the midpoint. The company ended the quarter with cash and cash equivalents of $27.9 million and total available liquidity of $152.1 million. Reservoir highlighted continued investments in its catalog, strategic partnerships, and global diversification as key business developments for the period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reservoir Media Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096234) on November 04, 2025, and is solely responsible for the information contained therein.