Reservoir Media Sees FY24 Revenue $140M-$142M Vs $135.663M Est.
Portfolio Pulse from Benzinga Newsdesk
Reservoir Media forecasts its FY24 revenue to be between $140M-$142M, surpassing the estimated $135.663M.
February 07, 2024 | 1:09 pm
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Reservoir Media projects its FY24 revenue to exceed expectations, aiming for $140M-$142M against a $135.663M estimate.
Reservoir Media's projection of higher-than-expected revenue for FY24 suggests strong business performance and potential growth. This positive outlook is likely to instill investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100