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Reservoir Media Expects FY25 Revenue Of $155M-$158M (Prior $150M-$153M) Vs $152.22M Est

Benzinga·02/05/2025 12:24:17
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Fiscal Year 2025 Outlook

Reservoir is raising its previously provided financial outlook for fiscal 2025. Reservoir expects the financial results for the year ending March 31, 2025, to be as follows:

Outlook   Guidance     Growth
(at mid-point)
 
Revenue   $ 155M - $158M       8 %
Adjusted EBITDA   $ 61.5M - $64.5M       13 %