NEW YORK (AP) — NEW YORK (AP) — Madison Square Garden Entertainment Corp. (MSGE) on Friday reported fiscal fourth-quarter net income of $66.9 million.
The New York-based company said it had profit of $1.41 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.
The live entertainment company posted revenue of $186.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $173.4 million.
For the year, the company reported profit of $144.3 million, or $2.97 per share. Revenue was reported as $959.3 million.
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