earnings
confidence high
sentiment positive
materiality 0.75
Madison Square Garden Sports reports record FY2022 revenue $821.4M and AOI $142.2M
Madison Square Garden Sports Corp.
2022-FY EPS reported
$2.10
revenue$821,354,000
- Full-year revenue $821.4M (up 98% YoY); operating income $86.1M vs. loss of $78.4M in FY2021.
- Adjusted operating income $142.2M, reversing prior-year loss of $12.5M; Q4 AOI $33.2M.
- Q4 revenue $175.2M (up 19% YoY); operating income $23.7M vs. loss of $20.8M.
- Every major revenue category (media rights, suites, sponsorships, food/beverage) exceeded pre-pandemic FY2019 levels.
- CEO cites strong demand for Knicks and Rangers carrying momentum into FY2023.