Madison Square Garden (MSG) Tops Q2 EPS by $1.30, Revenues Miss

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The Madison Square Garden Company Reports Fiscal 2020 Second Quarter Results

February 7, 2020 7:01 AM EST

NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE: MSG) today reported financial results for the fiscal second quarter ended December 31, 2019.

For the fiscal 2020 second quarter, the Company generated revenues of $628.8 million, a decrease of 1% as compared to the prior year quarter.  The Company also generated operating income of $80.8 million, an increase of 3%, and adjusted operating income of $126.9 million, a decrease of 3%, both as compared to the prior year quarter.(1)(2)  This primarily reflects growth at both the MSG Sports and MSG... More