secwatch.observer — SEC 8-K summary
======================================

Issuer:     Madison Square Garden Entertainment Corp. (MSGE)
CIK:        0001952073
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001952073-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSG Entertainment Q4/FY2024 revenue up 13% to $959.3M, above guidance; AOI $211.5M
--------------------------------------------------------------------------------

- FY2024 revenues $959.3M (+13% YoY); Q4 revenues $186.1M (+26% YoY).
- FY2024 operating income $111.9M, AOI $211.5M; both exceeded high-end of raised guidance ($940-950M rev, $100-110M OI, $200-210M AOI).
- Q4 operating loss improved to $8.9M from $21.8M; AOI rose to $13.1M from $0.7M.
- Hosted ~6.3M guests at 960+ events; Christmas Spectacular set record revenue with 1M+ tickets across 193 shows.
- CEO expects robust AOI growth in fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1952073/000195207324000019/0001952073-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1952073/000195207324000019/msge-20240816.htm
  HTML page:      https://secwatch.observer/filing/0001952073-24-000019

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