Madison Square Garden Sports Corp. Reports Fiscal 2023 First Quarter Results
Madison Square Garden Sports Corp. (NYSE:MSGS) today reported financial results for the fiscal first quarter ended September 30, 2022.
The Company is off to a strong start to the fiscal year. With the New York Knicks ("Knicks") and New York Rangers ("Rangers") 2022-23 regular seasons now underway, the Company continues to experience positive operating momentum across its key revenue categories, with highlights this fiscal year so far including:
Combined average season ticket renewal rates for the Knicks and Rangers are in excess of 90% for the 2022-23 seasons while sales of new season ticket packages also remain strong;
The Company continues to benefit from solid sponsorship demand, re
