Madison Square Garden Sports up on higher Q4 revenue

MSG Knickerbockers

18/08/2022 17:03

** Shares of Madison Square Garden Sports  MSGS.N  rise ~6% to
$170.85 
    ** MSGS says its Q4 revenue jumped 19% to $175.2 mln,
powered by higher revenue from tickets, media rights and
sponsorships  urn:newsml:reuters.com:*:nBwb9gBLwa
    ** MSGS owns and operates a portfolio of assets including
the New York Knicks and New York Rangers sports teams
    ** Says saw significant demand for the Knicks and Rangers
from fans and corporate partners, and is seeing the momentum
carrying over into fiscal 2023 
    ** YTD, shares down ~2%

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))