Business
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 THIRD QUARTER RESULTS
Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2025.
About this update from Madison Square Garden Entertainment Corp.
[{"type":"text","content":"FY25 Third Quarter Revenues of $242.5 Million, Up 6% Versus the Prior Year QuarterFY25 Third Quarter Operating Income of $27.3 Million, an Increase of 63% Year-Over-YearFY25 Third Quarter AOI of $57.9 Million(1), Up 50% Versus the Prior Year Quarter$40 Million in MSGE Class A Shares Repurchased in FY2025 Year-To-Date, Including $15 Million in March ","length":353,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 6, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2025.","length":240,"tagName":"p"},{"type":"image","alt":"Madison Square Garden Entertainment Corp. (PRNewsfoto/Madison Square Garden Entertainment Corp.)","displaySize":"","headline":null,"caption":"Madison Square Garden Entertainment Corp. (PRNewsfoto/Madison Square Garden Entertainment Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":71,"url":"https://media.zenfs.com/en/prnewswire.com/00b804a633f4b602132978eb43296227"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/v9tpcVf3QvQ9tAyCx6_TiQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/00b804a633f4b602132978eb43296227","width":400,"height":71}},"href":"https://mma.prnewswire.com/media/2059844/MSG_Entertainment_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The fiscal 2025 third quarter was highlighted by a diverse slate of live entertainment events held across the Company's portfolio of venues, which – in addition to concerts – included special events, family shows and marquee sports, as well as the conclusion of this year's record-setting Christmas Spectacular run in January. During the quarter, the New York Knicks ("Knicks") and New York Rangers ("Rangers") continued their 2024-25 regular seasons at the Madison Square Garden Arena ("The Garden"). In addition, in March, the Company repurchased approximately $15 million of its Class A common stock, bringing total share repurchases in fiscal 2025 to approximately $40 million.","length":719,"tagName":"p"},{"type":"text","content":"For the fiscal 2025 third quarter, the Company reported revenues of $242.5 million, an increase ...