Revenue and AOI Growth
The company reported revenues of $242 million and an adjusted operating income of $58 million, indicating solid growth year-over-year. This growth was driven by increased event-related revenues and a record-setting Christmas Spectacular.
Strong Live Event Attendance
MSG Entertainment hosted over 1.5 million guests across 195 events in the quarter, highlighting strong consumer and corporate demand for live entertainment offerings.
Successful Stock Repurchase Program
MSG Entertainment repurchased approximately $40 million of Class A common stock fiscal year-to-date, including $15 million during the fiscal third quarter, demonstrating commitment to returning capital to shareholders.
Christmas Spectacular Success
The Christmas Spectacular generated over $170 million in revenues across 200 performances, with per-show revenues up by a double-digit percentage year-over-year.
Positive Outlook for Fiscal 2026 Concert Bookings
Advanced bookings for fiscal 2026 show promising signs, with the potential to set a new record for concerts in a single quarter at the Garden.