Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp fiscal 2025 second quarter earnings conference call at this time. All participants are in a listen-only mode after the speaker's remarks,

Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.59 per share a year ago.

Madison Square Garden Sports, the parent company of the Knicks and Rangers, is facing an uncertain media rights future, as broadcast partner MSG Networks has been scrambling to avoid bankruptcy.

Spectacular Production Delivers Another Year of Record-Setting Revenues Approximately 1.1 Million Tickets Sold During 91st Holiday Season $25 Million in

Madison Square Garden Sports was squeezed by a jump in operating expenses in the latest quarter despite the professional sports company benefiting from a rise in ticket and merchandise sales and the New York Knicks' and New York Rangers' early-season roster.

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Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2025 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' remarks,

The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. The sports team and entertainment company posted revenue of $357.8 million in the period,