MSG Networks +7.6% to new high as tax reform provides boon [Seeking Alpha]
MADISON SQUARE GARDEN CO NEW (MSG)
Last madison square garden co new earnings: 2/7 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.msg.com
Company Research
Source: Seeking Alpha
MSG Networks +7.6% to new high as tax reform provides boonMSG Networks (NYSE:MSGN) isup 7.6% and at new highs after it beat expectations on top and bottom lines withfiscal Q2 results.Income from continuing operations of $155.6M reflects a noncash benefit from its new tax rate (21% from 35%) of $106M, though the company beat on an adjusted basis as well.Revenues rose 3% ($5.6M) overall; affiliation fee revenue was up $4.4M mainly due to higher rates, against a low-single-digit drop in subscribers.Ad revenues, meanwhile, were up $0.7M. And direct operating expenses rose 13% to $78.9M as the company dealt primarily with more expensive rights fees.Call transcriptPress releaseSee all stocks on the move »Now read:Ezcorp gains 8% after earnings beat »
Show less
Read more
Impact Snapshot
Event Time:
MSG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSG alerts
High impacting MADISON SQUARE GARDEN CO NEW news events
Weekly update
A roundup of the hottest topics