The Latest Breaking News from MSGE

The CEO of this entertainment company is betting big with a recent purchase of shares. Should you follow suit?

Amid sky-high inflation and heightened recessionary concerns, consumers are cutting back their discretionary spending. Given the current market uncertainties, it would be wise if fundamentally weak stocks Manchester United (MANU), Madison Square Garden (MSGE), and Genius Sports (GENI) could be avoided this week. Read on….

According to Benzinga Pro, during Q2, Madison Square Garden (NYSE:MSGE) earned $5.02 million, a 106.55% increase from the preceding quarter. Madison Square Garden also posted a total of $516.44 million in sales, a 75.36% increase since Q1.

Madison Square Garden Entertainment Corp (NYSE:MSGE) reported second-quarter FY22 revenue growth of 206% year-on-year to $516.4 million, missing the consensus of $538.98 million.  Tao Group Hospitality segment generated revenues of $117.1 million versus $10.5 million last year. MSG Networks generated total revenues of $160.0 million, increasing $13.7 million Y/Y. Entertainment segment revenues surged…

  Madison Square Garden (NYSE:MSGE) reported its Q2 earnings results on Wednesday, February 9, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

  Over the past three months, shares of Madison Square Garden (NYSE:MSGE) decreased by 7.51%. Before having a look at the importance of debt, let us look at how much debt Madison Square Garden has.