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MSG - Madison Square Garden: Las Vegas Sphere Now A Financial Eyesore
The Madison Square Garden Company Class A
For those that were closely watching, a clue that 'something was up' with Madison Square Garden Co (MSG) came last week when the company issued a press release re-scheduling their fiscal Q4 earnings release to August 20th from the original release date of August 15th citing a "scheduling conflict". Indeed, it must have been an intense weekend of scrambling to get these financial statements in order as the results were disappointing. The company reported a GAAP EPS loss of $3.08, while revenue of $263.6 million was down 17.1%, yoy and $6.5 million below