Madison Square Garden Sports Corp. (MSGS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Thank you for standing by, and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2025 Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's remarks, there will be a question-and-answer session. I would now like to turn the call over to Ari Gaines, Senior Vice President, Investor Relations and Treasury. Please go ahead. Thank you. Good morning, and welcome to MSG Entertainment's fiscal 2025 third quarter earnings conference call. On today's call, Lee Weinberg, our SVP, Business and Financial Operations, will provide an update on the company's operations. David Collins, our EVP and Chief Financial Officer, will then review the company's financial results for the period. After our prepared remarks, we will open up the call for questions. If you do not have a copy of today's earnings release, It is available in the investor section of our corporate website. Please take note of the following. Today's discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. please refer to the company's filings with the SEC for a discussion of risks and uncertainties. The company disclaims any obligation to update any forward-looking statements that may be discussed during this call. On pages 5 and 6 of today's earnings release, we provide consolidated statements of operations and a reconciliation of operating income to adjusted operating income, or AOI, a non-GAAP financial measure. And with that, I'll now turn ...