Reservoir Media Maintains Its Previously Provided FY24 Financial Outlook; Revenue $127M-$132M, Consensus $129.95M
Portfolio Pulse from Benzinga Newsdesk
Reservoir Media has maintained its previously provided FY24 financial outlook, with expected revenue between $127M-$132M. The consensus estimate stands at $129.95M.

August 04, 2023 | 11:00 am
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Reservoir Media's reaffirmation of its FY24 financial outlook aligns with consensus estimates, indicating stability in the company's financial performance.
Reservoir Media's reaffirmation of its FY24 financial outlook, which is in line with consensus estimates, suggests that the company's financial performance is stable. This could potentially maintain investor confidence, but it's unlikely to significantly move the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100