Madison Square Garden Sports

Madison Square Garden Sports Corp. is a professional sports company. It owns and operates a portfolio of assets featuring the New York Knickerbockers (the Knicks) of the National Basketball Association (NBA) and the New York Rangers (the Rangers) of the National Hockey League (NHL). The company’s other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League (the AHL) and the Westchester Knicks of the NBA G League (NBAGL). It owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming (CLG), a North American esports organization. The company also operates professional sports team performance centers, including the Madison Square Garden Training Center in Greenburgh, NY and the CLG Performance Center in Los Angeles, CA. The company was founded on March 4, 2015, and is headquartered in New York, NY.

Earnings data Q3 2021

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Madison Square Garden Sports excels in Q2, eyes growth opportunities

Madison Square Garden Sports (MSGS) delivered a strong financial performance in Q2 2023, driven by the success of the Knicks and Rangers, solid revenue growth, and prudent financial management.
The company's focus on shareholder value, operational efficiency, and strategic investments positions it well for future growth opportunities and navigating potential challenges in the sports entertainment industry.
With a commitment to enhancing shareholder returns, exploring new revenue streams, and optimizing financial strategies, MSGS is poised to capitalize on market opportunities and sustain its competitive edge.

MSG Sports reports record revenues in 2023, eyes growth opportunities

MSG Sports had a successful fiscal year 2023, driven by record revenues and strong performance from the Knicks and Rangers. While facing challenges of higher expenses in the upcoming year, the company is optimistic about growth opportunities and remains focused on revenue maximization and fan engagement.

MSG Sports reports robust Q2 earnings, eyes fan engagement growth

Madison Square Garden Sports demonstrated resilience and revenue growth despite challenges, leveraging strong fan loyalty and engagement.
The company's focus on enhancing fan experiences and expanding partnerships positions it well for revenue diversification and future growth.
Opportunities lie in leveraging digital platforms, upcoming media rights renewals, and the increasing value of sports franchises for sustained success.

Madison Square Garden Sports achieves record revenues in fiscal '24

Madison Square Garden Sports delivered a stellar performance in fiscal '24, fueled by record revenues and strong operating income, driven by successful seasons for the Knicks and Rangers.
Despite challenges in the media rights landscape and managing debt levels, the company's strengths in fan support, premium hospitality, and strategic partnerships position it well for future growth.
With opportunities to capitalize on brand success, innovate in fan engagement, and optimize financial strategies, MSGS remains confident in creating long-term shareholder value and sustaining its competitive edge.

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Madison Square Garden Sports Corp. is a sports company, which owns and operates a portfolio of assets featuring the New York Knickerbockers (the Knicks) of the National Basketball Association (NBA) and the New York Rangers (the Rangers) of the National Hockey League. The company’s other franchises include development league teams, such as the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. The firm also operates professional sports team performance centers in the Madison Square Garden Training Center in Greenburgh, NY. The company was founded on March 4, 2015 and is headquartered in New York, NY.

Madison Square Garden

Madison Square Garden Entertainment

Madison Square Garden Entertainment Corp. (MSGE) Q4 2021 Results - Earnings Call Transcript

Shares of Madison Square Garden (NYSE:MSGE) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share decreased 36.03% over the past year to ($4.87), which missed the estimate of ($3.31).

Recap: Madison Square Garden Q4 Earnings

Madison Square Garden Sports' (MSGS) fourth-quarter fiscal 2021 earnings and revenues reflect robust response from Knicks and Rangers' fans and strong local ratings.

Madison Square Garden Sports (MSGS) Tops Q4 Earnings Estimates

Madison Square Garden Sports Corp (NYSE: MSGS) reported fourth-quarter FY21 revenues of $146.90 million, beating the analyst consensus of $116.84 million. It reported negative revenues of $7.0 million in the prior-year quarter.

Madison Square Garden Sports Q4 Revenue Tops Estimates

Madison Square Garden Sports Corp. (MSGS) CEO Andy Lustgarten on Q4 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fourth quarter and fiscal year ended June 30, 2021. The fiscal 2021 fourth quarter was highlighted by the New York Knicks' (“Knicks”) return to the NBA playoffs. In mid-May, New York State eased capacity restrictions, enabling the team to welcome what was, at that time, the largest indoor crowds to gather in New York State since the start of the pandemic for its three home playoff

Madison Square Garden Sports Corp. Reports Fourth Quarter and Fiscal 2021 Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2021 on Thursday, August 19, 2021 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 877-347-9170 with the conference ID number 1098034 approximately 10 minutes prior to the call. The call will also be available vi

Madison Square Garden Sports Corp. to Host Fiscal 2021 Fourth Quarter and Year-End Conference Call

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) today announced that Greg Kim, a well-regarded esports industry executive, has been named Head of CLG, effective immediately. As Head of CLG, Mr. Kim will oversee all business operations, working closely with Daniel Fleeter, MSG Sports' Vice President of Business Operations, and George “HotshotGG” Georgallidis, CLG Founder, on advancing the organization's goals. Mr. Kim will be responsible for maximizing C

Madison Square Garden Sports Corp. Names Greg Kim Head of CLG

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Madison Square Garden Entertainment (MSGE) delivered earnings and revenue surprises of 0.00% and -13.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Madison Square Garden Entertainment (MSGE) Reports Q3 Loss, Lags Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal third quarter ended March 31, 2021. In February, the New York Knicks ("Knicks") and the New York Rangers ("Rangers") welcomed fans back to home games at the Madison Square Garden Arena (“The Garden”), marking the first time fans have returned to The Garden since March 2020. While attendance has been restricted to 10% capacity since February, New York State recently announce

Madison Square Garden Sports Corp. Reports Fiscal 2021 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will issue a press release on Wednesday, May 5, 2021 before the market opens, reporting results for its fiscal third quarter ended March 31, 2021. The Company will not hold an earnings conference call. The Company previously disclosed that it will host two earnings conference calls per year, one for its fiscal second quarter, and one for its fiscal fourth quarter. About Madison Square Garden Sports Corp. Madison Square G

Madison Square Garden Sports Corp. to Release Fiscal 2021 Third Quarter Results

Jonathan Boyar of the Boyar Value Group says the all-stock deal “grossly undervalues MSGN.”

Madison Square Garden Deal for Network Gets Shareholder Boos

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There's big money in sports for investors.

3 Best Sports Stocks to Watch This Month

NEW YORK--(BUSINESS WIRE)--CLG, a top-tier North American esports organization, and Logitech G, a leading innovator in gaming technologies and gear, have announced a multi-year partnership that names Logitech G the Official Peripherals Partner for CLG Red, which includes CLG's CS:GO Team, and female players and content creators in Valorant and Chess. Logitech G will play a key role in marketing elements for CLG Red and be featured on all CLG Red jerseys, throughout broadcasts of competitions an

CLG and Logitech G Announce Marketing Partnership

NEW YORK--(BUSINESS WIRE)--At the start of the first week in which Madison Square Garden can welcome fans in almost a year, members of the New York Rangers and the New York Knicks organizations have joined together to express excitement and gratitude about their return. The teams will play in front of roughly 2,000 fans, beginning with the Knicks on Tuesday, February 23 vs. Golden State, followed by the Rangers on Friday, February 26 vs. Boston. “We're very excited,” said Knicks Head Coach Tom

New York Knicks and New York Rangers Join Together to Welcome Fans Back to Madison Square Garden

MSGS provides an opportunity to own two of the most valuable trophy assets in the world. Near-term pandemic-related headwinds have scared off investors, but the long-term asset value of the Knicks and Rangers remains stable.

Madison Square Garden Sports: Best Of Breed Assets And 45% Upside

Madison Square Garden Entertainment Corp. (MSGE) Q2 2021 Results - Earnings Call Transcript

Madison Square Garden Sports Corp. (MSGS) CEO Andy Lustgarten on Q2 2021 Results - Earnings Call Transcript

The pandemic continues to take a toll on the New York Knicks and Rangers. On a Wednesday earnings call, Madison Square Garden Sports, the publicly listed parent company that controls the teams, said revenue fell 90 percent for the three months ending Dec. 31 to $29 million.

Knicks, Rangers parent MSG Sports posts 90% revenue drop due to COVID

Madison Square Garden (MSGS) delivered earnings and revenue surprises of -15.07% and 5.25%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Madison Square Garden (MSGS) Reports Q2 Loss, Tops Revenue Estimates

Shares of Madison Square Garden (NYSE:MSGS) were flat in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 142.75% over the past year to ($1.68), which missed the estimate of ($1.53).

Madison Square Garden: Q2 Earnings Insights

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2020. In the fall, the NBA and NHL successfully completed their 2019-20 seasons. Since then, the NBA announced a 72-game, 2020-21 regular season, which started on December 22, 2020. During the fiscal 2021 second quarter, the New York Knicks' ("Knicks") played nine pre/regular season games as compared to 37 pre/regular season games in the pr

Madison Square Garden Sports Corp. Reports Fiscal 2021 Second Quarter Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE:MSGS) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2020 on Wednesday, February 3, 2021 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 877-347-9170 with the conference ID number 5598615 approximately 10 minutes prior to the call. The call will also be available via we

Madison Square Garden Sports Corp. to Host Fiscal 2021 Second Quarter Conference Call

Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL's New York Rangers and minor league hockey and basketball teams.

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