secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Sports Corp. (MSGS)
CIK:        0001636519
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001193125-24-024820
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSGS Q2 revenue down 8% to $326.9M; operating income falls 44% to $28.8M
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- Revenue $326.9M, down $26.8M (8%) YoY due to 9 fewer combined Knicks/Rangers home games.
- Operating income $28.8M, -44%; adjusted operating income $37.0M, -43% YoY.
- Average per-game revenues for tickets, suites, food, beverage, and merchandise exceeded prior-year Q2.
- Local and national media rights fees increased due to contractual rate hikes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636519/000119312524024820/0001193125-24-024820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636519/000119312524024820/d172923d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-024820

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