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Dec 31, 2021
MSG Sports Q2 2022 Earnings Report
MSG Sports' second quarter results for fiscal year 2022 reflected a return to pre-pandemic levels, driven by robust demand for the Knicks and Rangers.
Key Takeaways
Madison Square Garden Sports Corp. reported a significant improvement in its second quarter fiscal 2022 results, with revenues of $289.6 million, operating income of $35.9 million, and adjusted operating income of $55.7 million, reflecting robust demand for the Knicks and Rangers and a return to pre-pandemic levels.
Revenues for the fiscal 2022 second quarter reached $289.6 million.
Operating income for the fiscal 2022 second quarter was $35.9 million.
Adjusted operating income for the fiscal 2022 second quarter was $55.7 million.
Regular season average per-game ticket revenue was in line with pre-pandemic levels, while suite and sponsorship revenues, as well as food, beverage, and merchandise per-caps, exceeded those levels.
Forward Guidance
This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
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