earnings
confidence high
sentiment positive
materiality 0.80
MSG Entertainment reports FY2023 revenue up 30% to $851.5M; issues FY2024 guidance
Madison Square Garden Entertainment Corp.
2023-FY EPS reported
$1.47
revenue$851,496,000
- Full-year revenue $851.5M (+30% YoY); operating income $105.0M vs loss of $5.6M prior year.
- Adjusted operating income $175.0M vs $79.1M prior year (+121% YoY); Q4 adjusted operating loss $0.8M vs income $19.0M.
- Hosted over 5.5M guests at nearly 900 events; record Christmas Spectacular revenue with 181 shows.
- $90M in MSGE Class A shares repurchased since April 2023 standalone.
- FY2024 revenue, operating income, and adjusted operating income guidance issued (specifics not in excerpt).