Reservoir Media (NASDAQ:RSVRW – Get Free Report) will likely be posting its results before the market opens on Tuesday, August 4th. Analysts expect the company to post earnings of ($0.01) per share and revenue of $41.4630 million for the quarter.
Reservoir Media Stock Down 16.8%
Shares of Reservoir Media stock opened at $0.01 on Friday. Reservoir Media has a 52 week low of $0.01 and a 52 week high of $1.25. The business’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.15.
Reservoir Media Company Profile
Reservoir Media, Inc (NASDAQ:RSVRW) is an independent music rights company that acquires, manages and monetizes music publishing and recorded music catalogs. Through its two core divisions—Publishing and Recorded Music—the company offers comprehensive rights administration, royalty collection, licensing and creative services to songwriters, artists and rights holders. Reservoir’s catalog spans a broad range of genres and eras, enabling it to generate revenue from performance, mechanical and synchronization royalties across multiple media platforms.
In its Publishing division, Reservoir oversees global rights administration for compositions, handling licensing negotiations for film, television, advertising and digital streaming.
Featured Articles
- Five stocks we like better than Reservoir Media
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Receive News & Ratings for Reservoir Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reservoir Media and related companies with MarketBeat.com's FREE daily email newsletter.
