Reservoir Media Sees FY23 Revenue Of $127M - $132M Vs. $121.21M Est.
Portfolio Pulse from Benzinga Newsdesk
Reservoir Media forecasts FY23 revenue of $127M - $132M, surpassing the estimated $121.21M.
May 31, 2023 | 11:03 am
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POSITIVE IMPACT
Reservoir Media's projected FY23 revenue of $127M - $132M exceeds the estimated $121.21M.
Reservoir Media's higher revenue projection for FY23 indicates a positive outlook for the company's financial performance. This news is likely to be well-received by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100