Reservoir Media FY27 Q1 net loss narrows to USD 0.5 million; revenue rises 12% to USD 41.5 million
RSVR•Outlook
CEO Golnar Khosrowshahi cited diversification momentum; fiscal 2027 guidance was reiterated for revenue of USD 186 million–USD 191 million.
Adjusted earnings metrics
Non-GAAP adjusted EBITDA rose 13% to USD 15.7 million; OIBDA increased 7% to USD 13.7 million.
Q1 revenue and profitability
Reservoir Media posted Q1 FY27 revenue of USD 41.5 million, up 12% year over year, driven by 6% publishing growth and 35% recorded music growth.
Operating income edged down 1% to USD 5.4 million; net loss narrowed to USD 0.5 million, or USD 0.00 per share.
Latin partnerships and catalog acquisitions
Reservoir said it invested in Latin partnerships, including acquiring and catalogs, launching a joint venture with , and a joint venture bringing into label operations.
