earnings
confidence high
sentiment positive
materiality 0.75
MSGS Q3 revenue $337.8M, operating income $61.4M, AOI $81.5M; well above pre-pandemic
Madison Square Garden Sports Corp.
2022-Q3 EPS reported
$0.98
revenue$646,149,000
- Revenue of $337.8M, up 85% from $183.0M in COVID-impacted Q3 last year; exceeded fiscal 2019 Q3 levels.
- Operating income of $61.4M vs $8.1M; adjusted operating income of $81.5M vs $30.0M.
- Strong demand across tickets, suites, sponsorship; per-game revenues all above pre-pandemic (fiscal 2020 Q3).
- Rangers concluded regular season and are competing in first round of NHL playoffs.
- CEO cites robust corporate/consumer demand and opportunities for sustained growth.