Madison Square Garden (MSG) Tops Q1 EPS by 41c

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The Madison Square Garden Company Reports Fiscal 2018 First Quarter Results

November 3, 2017 7:30 AM EDT

NEW YORK, Nov. 03, 2017 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE: MSG) today reported financial results for the first quarter ended September 30, 2017. 

For the fiscal 2018 first quarter, the Company generated revenues of $245.0 million, an increase of 35% as compared with the prior year period.  In addition, the Company generated fiscal 2018 first quarter operating loss of $15.7 million and adjusted operating income of $29.0 million, which represent improvements of $17.2 million and $27.4 million, respectively, both as compared to the prior year first quarter. (1) (2)

President and CEO David... More