Madison Square Garden (MSG) Tops Q1 EPS by 36c
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The Madison Square Garden Company Reports Fiscal 2019 First Quarter Results
November 1, 2018 7:30 AM EDTNEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE: MSG) today reported financial results for the first quarter ended September 30, 2018.
Effective July 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (ASC Topic 606), the new accounting standard for revenue recognition. The most significant impact of ASC Topic 606 in fiscal 2019 is a change in the timing of when certain Company revenue streams are recognized during the fiscal year. Prior period results have not been restated to reflect the adoption of ASC Topic 606 and, therefore, the Company's... More
