Reservoir Media Q2 EPS $0.07 Beats $0.04 Estimate, Sales $49.910M Beat $48.699M Estimate

Reservoir Media (NASDAQ:RSVR) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.04 by 75 percent. This is a 133.33 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $49.910 million which beat the analyst consensus estimate of $48.699 million by 2.49 percent. This is a 9.85 percent increase over sales of $45.435 million the same period last year.