Madison Square Garden (MSG) Tops Q4 EPS by 6c

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The Madison Square Garden Company Reports Fourth Quarter and Fiscal 2018 Results

August 16, 2018 7:30 AM EDT

NEW YORK, Aug. 16, 2018 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE: MSG) today reported financial results for the fourth quarter and fiscal year ended June 30, 2018.

For fiscal 2018, the Company generated revenues of approximately $1.6 billion, which represents an increase of 18% as compared to the prior year.  In addition, the Company generated operating income of $18.9 million, an increase of $79.2 million, and adjusted operating income (AOI) of $193.8 million, an increase of $96.2 million, both as compared to the prior year(1)(2).  For comparative purposes, please note that fiscal 2018 results... More