MSGS reports fiscal 2023 record revenue of $887.4M (+8% YoY); Q4 revenue down 28% due to fewer home games

Madison Square Garden Sports Corp.

2023-FY EPS reported $1.89 revenue$887,447,000

Full-year revenue $887.4M (+8% YoY); operating income $85.2M (-1%); adjusted operating income $115.0M (flat).
Q4 revenue $126.9M (-28%); operating loss $12.2M vs. income $23.7M; adjusted operating loss $7.8M vs. income $29.5M.
Returned ~$250M to shareholders: special cash dividend of $7.00/share (~$173M) and $75M ASR completed Jan 2023.
Both Knicks and Rangers made playoffs; combined eight home playoff games; all key revenue categories exceeded prior year records.
Executive Chairman James Dolan expressed confidence in long-term shareholder value and momentum.

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 fourth quarter and fiscal year ended June 30, 2023 results: revenue $126.9 million.

Period: fourth quarter and fiscal year ended June 30, 2023
Revenue: $126.9 million
Result: reported results

Exact text from the filing

For the fiscal 2023 fourth quarter, the Company reported revenues of $126.9 million

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Madison Square Garden Sports Corp. filing history →

Source: SEC EDGAR

accession 0001193125-23-214734

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