NEW YORK (AP) _ MSG Networks Inc. (MSGN) on Monday reported fiscal first-quarter profit of $35 million.
The New York-based company said it had profit of 61 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 61 cents per share.
The media company posted revenue of $157.4 million in the period.
MSG Networks shares have decreased 49% since the beginning of the year.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSGN at https://www.zacks.com/ap/MSGN
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