Reservoir Media Raises FY2026 Sales Guidance from $164M-$169M to $167M-$170M vs $166.743M Est
Benzinga Newsdesk 12 months ago
NewsGuidance
Fiscal Year 2026 OutlookReservoir narrows and positively adjusts its previously provided financial outlook ranges for fiscal year 2026, and expects the financial results for the year ending March 31, 2026, to be as
Fiscal Year 2026 Outlook
Reservoir narrows and positively adjusts its previously provided financial outlook ranges for fiscal year 2026, and expects the financial results for the year ending March 31, 2026, to be as follows:
| Outlook | Guidance | Growth (at mid-point) | ||||||
| Revenue | $ | 167M - $170M | 6 | % | ||||
| Adjusted EBITDA | $ | 70M - $72M | 8 | % | ||||
Jim Heindlmeyer, Chief Financial Officer of Reservoir, stated, "Our financial performance emphasizes our ability to drive value from our existing portfolio and consistently identify high-quality, high-demand assets with attractive economics. With the first half of the fiscal year behind us, we have the confidence to positively adjust our guidance ranges for both revenue and adjusted EBITDA for the 2026 fiscal year."