Reservoir Media reported second-quarter fiscal 2027 total revenue of $49.9 million, a 10% increase year-over-year, driven by an 18% rise in Recorded Music and an 8% gain in Music Publishing. Net income doubled to $4.6 million, or $0.07 per share, while Adjusted EBITDA grew 14% to $22.1 million. The company raised its full-year fiscal 2027 revenue guidance to a range of $188 million to $192 million and adjusted EBITDA guidance to $77 million to $80 million, citing strong execution across its diversified catalog. Reservoir Media operates as an independent music company that manages copyrights and master recordings.