MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2024 THIRD QUARTER RESULTS
For the fiscal 2024 third quarter, revenues of $430.0 million increased $47.2 million, or 12%, as compared to the prior year period.
- For the fiscal 2024 third quarter, revenues of $430.0 million increased $47.2 million, or 12%, as compared to the prior year period.
- This increase was primarily due to higher ticket-related revenues, suite revenues, food, beverage and merchandise sales, local media rights fees and revenues from league distributions.
- The Knicks played five more regular season home games at The Garden in the current year period as compared to the prior year period.
- Ticket-related revenues increased $29.9 million, as compared to the prior year period, primarily due to the Knicks playing additional games at The Garden during the fiscal 2024 third quarter, and higher average Knicks and Rangers per-game revenue.