Reservoir Media Reports Q2 2027 Growth Driven by Digital Revenue and Acquisitions
Reservoir Media (RSVR) reported strong financial results for the second fiscal quarter of 2027, highlighted by a 10% year-over-year increase in total revenue to $49.9 million. The growth was primarily fueled by significant expansions in digital revenue across both music publishing and recorded music segments, alongside the strategic integration of recent catalog acquisitions. Key profitability metrics showed marked improvement, with Adjusted EBITDA rising 14% to $22.1 million and net income more than doubling to $4.6 million compared to the prior year. Despite higher interest expenses related to acquisition funding, the company's organic revenue growth remained steady at 4%. Based on these results, management has raised and narrowed its full-year guidance for both total revenue and Adjusted EBITDA.
Topics: digital revenue music publishing net income recorded music revenue growth
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