Reservoir Media announced its financial results for the second fiscal quarter of 2025, reporting total revenue of $40.7 million, an increase of 5.9% compared to the second quarter of fiscal year 2024. This growth was primarily driven by robust activity within the music publishing segment. The company's music publishing revenues grew by 6% during the quarter.
Despite the revenue growth, the company reported earnings per share (EPS) of $0.003, a decrease from $0.008 in the second quarter of fiscal year 2024. However, the company highlighted expanded margins and strong cost discipline, which supported overall profitability growth. These operational efficiencies contributed to the positive financial performance.
Following these results, Reservoir Media raised its financial outlook for fiscal year 2025, increasing both its top-line revenue and Adjusted EBITDA guidance. This upward revision signals management's confidence in continued strong performance for the remainder of the fiscal year. The company's strategic focus on catalog performance and acquisitions is yielding positive results.
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