MSG Networks (MSGN) Misses Q2 EPS by 4c

MSG Networks (NYSE: MSGN) reported Q2 EPS of $0.45, $0.04 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $169.9 million versus the consensus estimate of $169.08 million.

President and CEO Andrea Greenberg said, “We delivered solid results for the second quarter thanks to the strength of our two regional sports and entertainment networks, which feature highly valuable exclusive live content and other award-winning original programming. Further, we believe we are on track to deliver a substantial level of revenue and adjusted operating cash flow for the full fiscal year, as we remain confident in our ability to create long-term value for our shareholders.”

For earnings history and earnings-related data on MSG Networks (MSGN) click here.

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