MSGS reports Q4 revenue $146.9M, FY revenue $415.7M down 31% YoY; operating loss narrows

Madison Square Garden Sports Corp.

2021-FY EPS reported -$0.58 revenue$415,721,000

FY2021 revenue $415.7M vs $603.3M prior year (-31%); Q4 revenue $146.9M vs negative $7.0M prior year.
FY2021 operating loss $78.4M vs $93.9M prior year; adjusted operating loss $12.5M vs $27.5M.
Q4 operating loss $20.8M vs $44.9M prior year; adjusted operating loss $5.8M vs $33.6M.
Knicks and Rangers played limited-capacity home games; Knicks returned to playoffs with largest indoor crowds since pandemic.
Company sees robust season ticket renewals and marketing momentum for 2021-22 full 82-game seasons.

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