MSGS Q1 revenue up 79% to $43M; operating loss narrows 59% to $14.8M

Madison Square Garden Sports Corp.

2024-Q1 EPS reported -$0.79 revenue$43,046,000

Revenue $43.0M, up 79% from $24.1M in Q1 FY2023.
Operating loss improved to $14.8M from $35.9M (improvement of $21.1M or 59%).
Adjusted operating loss improved to $10.0M from $27.8M (64% improvement).
Combined Knicks/Rangers season ticket renewal rate >94% on larger renewable base; new sponsors signed.
Company expects continued growth in local and national media rights fees in FY2024 due to contractual escalators.

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 0.4

Madison Square Garden Sports Corp. reported financial results for first quarter ended September 30, 2023.

Period: first quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 2, 2023, Madison Square Garden Sports Corp. (the "Company") announced its financial results for its first quarter ended September 30, 2023.

View on SEC.gov

Browse all earnings releases →

Madison Square Garden Sports Corp. filing history →

Source: SEC EDGAR

accession 0001193125-23-269369

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.