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Public signal · 1-minute delayed
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MSGE reported surprise Q4 profit of $1.41 EPS, beating estimates. Revenue increased by 26% to $186.1 million, driven by events and merchandise. CEO James Dolan stated company is 'well positioned' for future growth. Shares rose 5% to $40.54, marking a 27% year-to-date increase. Playoff success of Knicks and Rangers contributed to higher fan spending.
- MSGE reported surprise Q4 profit of $1.41 EPS, beating estimates.
- Revenue increased by 26% to $186.1 million, driven by events and merchandise.
- CEO James Dolan stated company is 'well positioned' for future growth.
- Shares rose 5% to $40.54, marking a 27% year-to-date increase.
- Playoff success of Knicks and Rangers contributed to higher fan spending.
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