Madison Square Garden Sports Q2 revenue up 22% to $353.7M; adjusted op income up 38% to $76.6M; $250M shareholder return

Madison Square Garden Sports Corp.

2023-Q2 EPS reported $0.11 revenue$377,783,000

Revenue $353.7M, +22% YoY; operating income $51.5M, +43%.
Adjusted operating income $76.6M, +38% YoY; media rights fees higher due to contractual rate increases.
Returned ~$250M to shareholders: special dividend of $7.00/share (~$173M) and completed $75M accelerated share repurchase in January 2023.
Per-game revenue for tickets, suites, sponsorship, and food/beverage/merchandise all exceeded prior year period.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Madison Square Garden Sports Corp. reported second quarter ended December 31, 2022 results: revenue $353.7 million.

Period: second quarter ended December 31, 2022
Revenue: $353.7 million
Result: reported results

Exact text from the filing

a $75 million accelerated share repurchase (“ASR”) program, which the Company completed in January 2023. For the fiscal 2023 second quarter, the Company generated revenues of $353.7 million, an increase of $64.1 million, or 22%, as compared to the prior year period. In addition, the Company reported operating income of $51.5 million, an increase of $15.6 million, or

View on SEC.gov

Browse all earnings releases →

Madison Square Garden Sports Corp. filing history →

Source: SEC EDGAR

accession 0001193125-23-026941

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.