MSG Networks Inc. Reports Fiscal 2019 Second Quarter Results
Madison Square Garden Co, Inc (MSGN)
Last madison square garden co, inc earnings: 5/1 07:30 am
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Source: GlobeNewswire
Fiscal 2019 second quarter revenues of $192.9 millionFiscal 2019 second quarter operating income of $78.4 millionFiscal 2019 second quarter adjusted operating income of $85.8 million NEW YORK, Feb. 05, 2019 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) today reported financial results for the fiscal second quarter ended December 31, 2018. For the fiscal 2019 second quarter, MSG Networks Inc. generated revenues of $192.9 million, an increase of 6% as compared with the prior year period. In addition, the Company generated operating income of $78.4 million, adjusted operating income of $85.8 million and net income of $43.8 million.(1) President and CEO Andrea Greenberg said, "We delivered solid second quarter results, highlighted by increases in both affiliate and advertising revenues. Our exclusive live sports programming drew increased interest from existing and new advertisers and advertising categories, and we continued to benefit from strong affiliate relationships and d
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