MSGS Q3 revenue up 13% to $382.7M; operating income up 33% to $81.8M

Madison Square Garden Sports Corp.

2023-Q3 EPS reported $2.27 revenue$760,527,000

Fiscal Q3 ended March 31, 2023: revenue $382.7M (+13% YoY), operating income $81.8M (+33%), adjusted operating income $98.1M (+20%).
Average per-game revenues for tickets, suites, sponsorship and F&B exceeded prior year, driven by strong attendance and pricing.
Media rights fees rose due to contractual rate increases; both Knicks and Rangers advanced to playoffs after Q3 end.
Strong season ticket renewals to date for 2023-24 Knicks and Rangers seasons cited.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Madison Square Garden Sports Corp. reported the fiscal third quarter ended March 31, 2023 results: revenue $382.7 million.

Period: the fiscal third quarter ended March 31, 2023
Revenue: $382.7 million
Result: reported results

Exact text from the filing

For the fiscal 2023 third quarter, the Company generated revenues of $382.7 million, an increase of $45.0 million, or 13%, as compared to the prior year period.

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Source: SEC EDGAR

accession 0001193125-23-135931

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