secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Sports Corp. (MSGS)
CIK:        0001636519
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001636519-25-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSGS Q2 revenue +9% to $357.8M but operating income falls 54% to $13.3M
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- Revenue $357.8M, up $30.9M (+9%) YoY; driven by 3 additional Knicks/Rangers home games.
- Operating income $13.3M, down $15.5M (-54%); adjusted operating income $20.2M, down $16.8M (-45%).
- Per-game revenues rose YoY across tickets, suites, sponsorship, and food/beverage/merchandise.
- Fiscal Q2 ended Dec 31, 2024; Knicks and Rangers 2024-25 regular season underway.
- CEO cites fan enthusiasm and robust corporate demand as growth drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636519/000163651925000004/0001636519-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636519/000163651925000004/msgs-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001636519-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer