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Jun 30, 2022
MSG Sports Q4 2022 Earnings Report
MSG Sports reported record full-year results for fiscal 2022, with strong fourth-quarter performance driven by the New York Rangers' playoff run.
Key Takeaways
Madison Square Garden Sports Corp. reported record full-year revenues, operating income, and adjusted operating income for fiscal 2022. The fourth quarter was highlighted by the New York Rangers' participation in the NHL playoffs, contributing to increased revenues and operating income compared to the prior year quarter.
The fiscal 2022 fourth quarter was highlighted by the New York Rangers’ (“Rangers”) participation in the NHL playoffs, which included 10 home playoff games.
Company continued to benefit from robust consumer and corporate demand through the end of the seasons.
MSG Sports saw record full-year financial results for revenues, operating income and adjusted operating income.
Every major revenue category exceeded results for fiscal 2019.
MSG Sports
MSG Sports
Forward Guidance
Company sees momentum carrying over into fiscal 2023 and remains confident that it is well positioned to drive long-term growth and shareholder value.