Reservoir Media sees FY25 revenue $155M-$158M, consensus $152.22M

Sees adjusted EBITDA $61.5M-$64.5M. Jim Heindlmeyer, CFO, stated, “Our third fiscal quarter demonstrates the resiliency of our cash flows and the strength of our roster, with year-over-year growth exhibited across many of our key financial metrics compared to the prior year. We are excited by the upcoming opportunities we have to deploy our available capital and add to our roster of creators at Reservoir. Our year-to-date performance gives us the confidence to raise our guidance ranges as we go into our final quarter of the fiscal year.”