Madison Square Garden Sports Corp. Reports Fiscal 2021 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Madison Square Garden Sports Corp. (MSGS) Misses Q2 EPS by 15c, Revenues Beat
February 3, 2021 7:34 AM ESTMadison Square Garden Sports Corp. (NYSE: MSGS) reported Q2 EPS of ($1.68), $0.15 worse than the analyst estimate of ($1.53). Revenue for the quarter came in at $28.8 million versus the consensus estimate of $27.1 million.
Summary of Reported Results from Continuing Operations
Fiscal 2021 second quarter revenues of $28.8 million decreased $264.0 million, or 90%, as compared to the prior year period, primarily driven by the absence of pre/regular season ticket-related revenues and suite license fee revenue as well as a decrease in local media rights fees from MSG Networks, league distribution revenues, and sponsorship and signage revenues.Pre/regular... More