Revenue Performance - Revenues increased by $30,861, or 9%, to $357,759 for the three months ended December 31, 2024, and by $41,122, or 11%, to $411,066 for the six months ended December 31, 2024 compared to the prior year periods [151]. - The increase in revenues from league distributions for the three months ended December 31, 2024 was primarily due to increased national media rights fees, contributing to a total increase of $2,649 [155]. - The increase in sponsorship and signage revenues for the three months ended December 31, 2024 was primarily due to additional home games and higher net sales of existing inventory, totaling an increase of $3,082 [154]. - The increase in revenues from local media rights fees was primarily due to contractual rate increases, totaling $1,666 for the three months ended December 31, 2024 [157]. - The increase in pre/regular season ticket-related revenues was $14,339 for the three months ended December 31, 2024, attributed to higher average per-game revenue [152]. Expense Analysis - Direct operating expenses rose by $43,528, or 19%, to $275,753 for the three months ended December 31, 2024, and by $48,219, or 20%, to $283,964 for the six months ended December 31, 2024 compared to the prior year periods [158]. - Team personnel compensation increased by $15,248 for the three months ended December 31, 2024, primarily due to changes in the Knicks roster [158]. - Selling, general and administrative expenses for the three months ended December 31, 2024 increased by $2,834, or 4%, to $67,900 compared to the prior year period [167]. - Net provisions for league revenue sharing expense for the three months ended December 31, 2024 were $38,457, an increase of $14,873 from the prior year period [159]. Income and Loss - Operating income decreased by $15,502, or 54%, to $13,315 for the three months ended December 31, 2024, and by $8,951, or 64%, to $5,042 for the six months ended December 31, 2024 compared to the prior year periods [151]. - Net income for the three months ended December 31, 2024 was $1,111, a decrease of $13,113, or 92%, compared to the prior year period, and for the six months ended December 31, 2024, net loss was $6,431, a decrease of $1,834, or 40% [151]. - Adjusted operating income for the three months ended December 31, 2024 decreased by $16,777, or 45%, to $20,239 compared to the prior year period, driven by higher direct operating expenses and higher selling, general and administrative expenses [183]. - Miscellaneous (expense) income, net for the three months ended December 31, 2024 reflected a net expense of $6,609, a decrease from net income of $2,991 in the prior year period [174]. Cash Flow and Financing - Net cash provided by operating activities improved by $55,878 million to $35,621 million for the six months ended December 31, 2024, primarily due to changes in working capital [196]. - Net cash used in investing activities decreased by $2,936 million to $2,302 million compared to the prior year period [198]. - Net cash used in financing activities was $12,373 million for the six months ended December 31, 2024, compared to net cash provided of $26,268 million in the same period of 2023 [199]. - As of December 31, 2024, the company had $107,823 in cash and cash equivalents and $250,000 of additional available borrowing capacity under existing credit facilities [191]. - As of December 31, 2024, total borrowings outstanding under credit facilities amounted to $275 million [210]. Assets and Liabilities - The company's deferred revenue obligations as of December 31, 2024 were $222,146, net of billed but not yet collected deferred revenue, primarily related to tickets and suites [189]. - Deferred revenue increased by $29,563 million due to higher collections of ticket, sponsorship, and suite sales [197]. - The carrying amount of goodwill as of December 31, 2024 was $226,523 million, with no impairment identified during the annual testing [203]. - Identifiable indefinite-lived intangible assets totaled $103,644 million as of December 31, 2024, with no impairments identified [205]. Future Outlook - The company expects adjusted operating income for fiscal year 2025 to reflect higher team personnel compensation and corresponding NBA luxury tax due to the Knicks' 2024-25 season roster [185]. - A hypothetical 100 basis point increase in floating interest rates would increase interest expense by approximately $2.8 million [210]. - The company relies on revenues from NBA and NHL teams, earning a disproportionate share of revenues in the second and third quarters of the fiscal year [200].

分组1 - Madison Square Garden (MSGS) reported quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.25 per share, representing an earnings surprise of -80% [1] - The company posted revenues of $357.76 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.06%, compared to year-ago revenues of $326.9 million [2] - Over the last four quarters, Madison Square Garden has surpassed consensus revenue estimates four times [2] 分组2 - The current consensus EPS estimate for the coming quarter is $1.79 on revenues of $435.48 million, and for the current fiscal year, it is $0.81 on revenues of $956.86 million [7] - The Zacks Industry Rank for Leisure and Recreation Services is currently in the top 25% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The stock has underperformed the market, losing about 3.3% since the beginning of the year, while the S&P 500 has gained 1.9% [3]

Group 1 - Madison Square Garden Sports Corp. announced a multi-year partnership with Nutrabolt, naming C4 Energy as the Official Energy Drink of the New York Knicks [1][3] - C4 Energy will be featured prominently in digital signage at Madison Square Garden, including courtside LED displays during non-nationally televised home games and virtual advertisements on MSG Networks [2] - The partnership aims to enhance C4 Energy's engagement with the Knicks' fanbase through various platforms, including the Knicks website and the Seventh Avenue LED marquee sign [2][3] Group 2 - Madison Square Garden Sports Corp. is a leading professional sports company with assets including the New York Knicks and New York Rangers, as well as development league teams [4] - Nutrabolt is a fast-growing global active health and wellness company with a portfolio that includes C4, XTEND, and Cellucor, focusing on performance-oriented brands [5][6] - Nutrabolt's products are designed to meet the needs of performance athletes and fitness enthusiasts while appealing to a broader consumer base [6]

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 SECOND QUARTER RESULTS NEW YORK, N.Y., February 4, 2025 - Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2024. During the fiscal 2025 second quarter, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024- 25 regular seasons, playing a combined three more games at the Madison Square Garden Arena ("The Garden") as compared to the prior year quarte ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2024. During the fiscal 2025 second quarter, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons, playing a combined three more games at the Madison Square Garden Arena ("The Garden") as compared to the prior year quarter. In addition to the positive impact of those additional home games, the C ...

NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2024 on Tuesday, February 4, 2025 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 888-660-6386 with the conference ID number 6996895 approximately 10 minutes prior to the call. The call will also be available via web ...

Waterloo Sparkling Water to be Available at Concession Stands Throughout MSG, Including at a New Dedicated Concession Stand, Providing Fans with Even More Beverage Options at The World's Most Famous ArenaNEW YORK, Jan. 14, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") announced today a partnership with Waterloo Sparkling Water, naming the brand known for its authentic flavors and lively car ...

For the quarter ended September 2024, Madison Square Garden (MSGS) reported revenue of $53.31 million, up 23.8% over the same period last year. EPS came in at -$0.31, compared to -$0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $44.13 million, representing a surprise of +20.79%. The company delivered an EPS surprise of +64.77%, with the consensus EPS estimate being -$0.88.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...

Madison Square Garden (MSGS) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to loss of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.77%. A quarter ago, it was expected that this sports team and entertainment company would post earnings of $0.33 per share when it actually produced earnings of $1.06, delivering a surprise of 221.21%.Over the las ...

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS NEW YORK, N.Y., November 1, 2024 - Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal first quarter ended September 30, 2024. Last month, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons at the Madison Square Garden Arena. Recent Company operating highlights include: • The combined average season ticket renewal rate for the Knicks and Ra ...