MSGS - Why Madison Square Shares Are Rising Despite Playing Fewer Knicks And Rangers Games In Q2 | Benzinga
Madison Square Garden Sports Corp. (NYSE:MSGS) shares are trading higher on Tuesday.
The company reported a second-quarter fiscal 2024 revenue of $326.89 million, exceeding the Wall Street estimate of $325.72 million. Revenue, however, fell 8% year over year.
In the fiscal 2024 second quarter, the Knicks and Rangers played a combined nine fewer regular season home games. Higher local ...