MSG Networks Inc. (MSGN) Misses Q1 EPS by 3c

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MSG Networks Inc. Reports Fiscal 2021 First Quarter Results

November 2, 2020 7:30 AM EST

Fiscal 2021 first quarter revenues of $157.4 million
Fiscal 2021 first quarter operating income of $67.9 million
Fiscal 2021 first quarter adjusted operating income of $74.4 million

NEW YORK--(BUSINESS WIRE)-- MSG Networks Inc. (NYSE: MSGN) today reported financial results for the fiscal first quarter ended September 30, 2020.

For the fiscal 2021 first quarter, MSG Networks Inc. generated revenues of $157.4 million, a decrease of 2% as compared with the prior year period. In addition, the Company generated operating income of $67.9 million, a decrease of less than 1%; adjusted... More