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Madison Square Garden Sports (MSGS) fourth-quarter fiscal 2024 results are aided by strong demand for the Knicks and the Rangers, as both teams had impressive regular seasons that resulted in playoff appearances.
Madison Square Garden Sports Corp. (NYSE:MSGS ) Q4 2024 Earnings Conference Call August 13, 2024 10:00 AM ET Company Participants Ari Danes - Investor Relations and Financial Communications Jamaal Lesane - Chief Operating Officer Victoria Mink - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants David Karnovsky - JP Morgan Daniel Juran - Morgan Stanley Brandon Ross - LightShed Peter Supino - Wolfe Research Paul Golding - Macquarie Securities Operator Good morning. Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2024 Fourth Quarter and Year-End Earnings Conference Call.
Record Revenues of Over $1 Billion for Fiscal 2024, up 16% Year-over-Year Record Operating Income of $146.0 Million and Adjusted Operating Income of $172.2 Million for Fiscal 2024(1) NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) (the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2024. The fiscal 2024 fourth quarter was highlighted by the New York Knicks (the "Knicks") and New York Rangers (the "Rangers") both qualifying for the playoffs, culminating with the Knicks advancing to the Eastern Conference Semifinals and the Rangers advancing to the Eastern Conference Finals.
NEW YORK , Aug. 7, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2024 on Tuesday, August 13, 2024 at 10:00 a.m. Eastern Time.
NEW YORK , July 9, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") today announced that Jamaal Lesane, an accomplished executive with multifaceted sports industry experience, has been named Chief Operating Officer. Mr. Lesane previously served as MSG Sports' Executive Vice President and General Counsel since March 2022.
An April article from the financial publication MoneyWeek has me pondering Michael Rubin stocks. The 51-year-old billionaire is a major player in the sports industry through his $31 billion company, Fanatics.
MSG Sports' (MSGS) second-quarter fiscal 2024 results showcase a declining top line, primarily driven by nine fewer season home games played by the Knicks and the Rangers, partially offset by higher local media rights fees and revenues from league distributions.
Madison Square Garden Sports Corp. (MSGS) Q2 2024 Earnings Call Transcript
NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on Tuesday, February 6, 2024 at 10:00 a.m. Eastern Time.
Madison Square Garden Sports Corp. owns a strong portfolio of sports assets and intangibles, including the New York Knicks and New York Rangers. The company reported significant quarterly net sales growth and operates in a market expected to grow at a CAGR of 21.26% from 2021 to 2028. While there are risks from competition and debt levels, the company's assets and sponsorship agreements mitigate some of these concerns.