Inactive Instrument

MSG Networks Inc.

MSGN

US5535731062

MSG Networks Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2020

August 13, 2020 at 06:55 am EDT

MSG Networks Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2020. For the quarter, the company announced revenues of USD 152.114 million compared to USD 168.362 million a year ago. Operating income was USD 83.068 million compared to USD 70.207 million a year ago. Net income was USD 55.920 million compared to USD 41.179 million a year ago. Basic earnings per share was USD 0.98 against USD 0.55 a year ago. Diluted earnings per share was USD 0.97 against USD 0.54 a year ago. For the year, the company announced revenues of USD 685.797 million compared to USD 720.845 million a year ago. Operating income was USD 294.968 million compared to USD 309.899 million a year ago. Net income was USD 185.221 million compared to USD 186.182 million a year ago. Basic earnings per share was USD 2.93 against USD 2.48 a year ago. Diluted earnings per share was USD 2.92 against USD 2.46 a year ago.

Latest news about MSG Networks Inc.

MSG Says 'No Plans' to Sell Knicks or Rangers	22-08-17	CI
Madison Square Garden Entertainment : Q4 Revenue Climbs, Posts Loss Per Share	21-08-23	MT
MSG Networks Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021	21-08-22	CI
Madison Square Garden Entertainment : Completes Acquisition of MSG Networks	21-07-09	MT
MSG Networks Inc.(NYSE:MSGN) dropped from S&P Global BMI Index	21-07-09	CI
MSG Networks Inc.(NYSE:MSGN) dropped from S&P TMI Index	21-07-09	CI
MSG Networks Inc.'s Equity Buyback announced on December 8, 2017, has expired.	21-07-08	CI
Madison Square Garden Entertainment Corp. completed the acquisition of MSG Networks Inc..	21-07-08	CI
MSG Networks Inc.(NYSE:MSGN) added to Russell Microcap Index	21-06-25	CI
MSG Networks Inc.(NYSE:MSGN) added to Russell 3000E Index	21-06-25	CI
MSG Networks Inc.(NYSE:MSGN) added to Russell 3000E Value Index	21-06-25	CI
MSG Networks Inc.(NYSE:MSGN) added to Russell 2000 Dynamic Index	21-06-25	CI
MSG Networks Inc.(NYSE:MSGN) added to Russell Microcap Value Index	21-06-25	CI
Transcript : Madison Square Garden Entertainment Corp., MSG Networks Inc. - M&A Call	21-05-10
Madison Square Garden Entertainment : Q3 Sales Decline	21-05-07	MT
Tranche Update on MSG Networks Inc.'s Equity Buyback Plan announced on December 8, 2017.	21-05-07	CI
MSG : Earnings Flash (MSGN) MSG NETWORKS Reports Q3 Revenue $177.9M, vs. Street Est of $177.5M	21-05-07	MT
Msg Networks Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021	21-05-07	CI
Transcript : Madison Square Garden Entertainment Corp., MSG Networks Inc. - M&A Call	21-03-26
Madison Square Garden Entertainment : to Acquire MSG Networks	21-03-26	MT
Madison Square Garden Entertainment Corp. reached a definitive agreement to acquire MSG Networks Inc. for approximately $920 million.	21-03-25	CI
GLOBAL MARKETS LIVE: New vaccine developments, Oracle disappoints…	21-03-11
MSG Networks Reportedly Considers Rejoining with MSG Entertainment	21-03-09	CI
Transcript : MSG Networks Inc., Q2 2021 Earnings Call, Feb 04, 2021	21-02-04
MSG : Earnings Rise, Revenue Declines in Q2 Fiscal 2021	21-02-04	MT

Chart MSG Networks Inc.

Duration

Period

More charts

Company Profile

MSG Networks Inc., formerly The Madison Square Garden Company, is engaged in sports production, and content development and distribution. The Company owns and operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+, collectively MSG Networks. Its networks are distributed throughout its territory, which includes all of New York State and significant portions of New Jersey and Connecticut, as well as parts of Pennsylvania. The Company delivers live games of the New York Knicks (the Knicks) of the National Basketball Association (NBA); the New York Rangers (the Rangers), New York Islanders (the Islanders), New Jersey Devils (the Devils) and Buffalo Sabres (the Sabres) of the National Hockey League (NHL); the New York Liberty (the Liberty) of the Women's National Basketball Association; the New York Red Bulls (the Red Bulls) of Major League Soccer (MLS), and the Westchester Knicks of the National Basketball Association Developmental League.

Sector

Broadcasting

More about the company

Sector Other Broadcasting

	1st Jan change	Capi.
FORMULA ONE GROUP	+10.31%	16.18B
PARAMOUNT GLOBAL	-21.33%	8.54B
THE LIBERTY SIRIUSXM GROUP	-14.59%	8.36B
MBC GROUP	0.00%	4.8B
TBS HOLDINGS,INC.	+37.51%	4.26B
ITV PLC	+11.09%	3.6B
LIBERTY LIVE GROUP	+0.27%	3.42B
MULTICHOICE GROUP LIMITED	+47.24%	2.71B
FUJI MEDIA HOLDINGS, INC.	+19.73%	2.56B

Other Broadcasting