Madison Square Garden, Inc. (MSG) Misses Q3 EPS Views
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The Madison Square Garden Company Reports Fiscal 2014 Third Quarter Results
May 2, 2014 7:29 AM EDTNEW YORK, May 2, 2014 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (Nasdaq: MSG) today reported financial results for the fiscal 2014 third quarter ended March 31, 2014.
Fiscal 2014 third quarter revenues of $459 million grew 11%, as compared to the prior year period, with increases in all three of the Company's business segments. Fiscal 2014 third quarter adjusted operating cash flow ("AOCF")(1) of $65.7 million decreased 28%, as compared to the prior year period, due to an increase in unallocated corporate expenses ("Other"), as well as lower AOCF results in all three of the Company's business segments. Fiscal 2014 third quarter operating... More
