MSG Networks Inc. Reports Fiscal 2019 Third 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 third quarter revenues of $195.1 millionFiscal 2019 third quarter operating income of $82.5 millionFiscal 2019 third quarter adjusted operating income of $88.7 million NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) today reported financial results for the fiscal third quarter ended March 31, 2019. For the fiscal 2019 third quarter, MSG Networks Inc. generated revenues of $195.1 million, an increase of 5% as compared with the prior year period. In addition, the Company generated operating income of $82.5 million, adjusted operating income of $88.7 million and net income of $54.2 million.(1) President and CEO Andrea Greenberg said, "We had another quarter of solid financial results, which included a robust year-over-year increase in advertising revenue as our exclusive live sports content attracted new advertising partners and helped drive incremental revenue opportunities. Looking ahead, we remain confident that we are well-positioned to ge
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