secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Sports Corp. (MSGS)
CIK:        0001636519
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001193125-22-270973
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSGS reports Q1 revenue up 28% YoY to $24.1M; declares $7/sh special dividend, $75M buyback
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- Revenue $24.1M vs $18.8M YoY; operating loss $35.9M, adjusted operating loss $27.3M.
- Knicks and Rangers season ticket renewal rates exceed 90% for 2022-23.
- Special dividend of $7.00 per share (~$175M) payable Oct 31, 2022; record Oct 17.
- Board authorized $75M accelerated share repurchase program.
- New sponsorship deals with HUB International and extensions with Verizon, Dunkin', Jägermeister.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636519/000119312522270973/0001193125-22-270973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636519/000119312522270973/d408057d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-270973

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