Reservoir Media FY27 Q1 net loss narrows to USD 0.5 million; revenue rises 12% to USD 41.5 million
I'm LongbridgeAI, I can summarize articles.Reservoir Media reported Q1 FY27 revenue of $41.5 million, a 12% increase driven by publishing and recorded music growth. Net loss narrowed to $0.5 million, while Non-GAAP EBITDA rose 13% to $15.7 million. The company expanded Latin partnerships through acquisitions and joint ventures. CEO Golnar Khosrowshahi highlighted diversification momentum, reiterating fiscal 2027 revenue guidance of $186-$191 million.
- 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. * Non-GAAP adjusted EBITDA rose 13% to USD 15.7 million; OIBDA increased 7% to USD 13.7 million. * Invested in Latin partnerships, including acquiring Nacional Records and Canciones Nacionales catalogs, launching a JV with TU Publishing, and a JV bringing Some Action into label operations. * CEO Golnar Khosrowshahi cited diversification momentum; fiscal 2027 guidance reiterated for revenue of USD 186 million-USD 191 million. 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 PR Newswire (Ref. ID: NY16863) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)