MSGE Q2 revenue up 1% to $407.4M; Christmas Spectacular record 1.1M tickets

Madison Square Garden Entertainment Corp.

2025-Q2 EPS reported $1.17 vs consensus -$0.38 ▲ beat (+407.2%)

Operating income $139.0M (+1%), adjusted operating income $164.0M (+2%) vs prior year.
Christmas Spectacular sold ~1.1M tickets across 200 shows in its 91st season.
$25M in MSGE Class A shares repurchased during the quarter.
Executive transition costs of $4.5M reduced operating income; excluding, op income +4%.
CEO Dolan expects solid adjusted operating income growth for fiscal 2025.

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