secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Sports Corp. (MSGS)
CIK:        0001636519
Form:       8-K
Filed at:   2021-08-19T23:59:59+00:00
Accession:  0001193125-21-251539
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636519/000119312521251539/0001193125-21-251539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636519/000119312521251539/d198201d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-251539

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer