Earnings Call Summary | Madison Square Garden Sports(MSGS.US) Q4 2024 Earnings Conference
Earnings Call Summary | Madison Square Garden Sports(MSGS.US) Q4 2024 Earnings Conference
The following is a summary of the Madison Square Garden Sports Corp. (MSGS) Q4 2024 Earnings Call Transcript:
以下是麦迪逊运动(corp MSGS)2024年第四季度业绩会的摘要:
Financial Performance:
金融业绩:
MSG Sports reported revenues of over $1 billion and adjusted operating income of $172 million for fiscal 2024, marking record financial results.
Quarterly revenues were significantly bolstered by playoff games, reaching $227.3 million compared to $126.9 million in the prior year period.
Event-related revenues, including playoffs, surged 116% to $152.1 million.
Direct operating expenses and SG&A expenses increased, reflecting higher game-related costs.
MSG Sports报告营业收入超过10亿美元,调整后营业收入为1.72亿美元,创下历史新高。
季度营业收入因季后赛赛事大幅提升,达到2.273亿美元,而去年同期为1.269亿美元。
包括季后赛在内的相关赛事营业收入激增116%,达1.521亿美元。
直接营业费用和销售管理费用增加,反映了更高的赛事相关成本。
Business Progress:
业务进展:
The Rangers acquired former Stanley Cup champion Reilly Smith, and the Knicks extended contracts for key players, bolstering team competitiveness.
MSG Sports achieved high season ticket renewal rates and successfully introduced new merchandise partnerships and premium hospitality offerings.
The company plans to expand the event level club space and renovate several suites to enhance guest experiences and drive revenue.
流浪者队收购了前斯坦利杯冠军莱利·史密斯,尼克斯延长了关键球员的合同,增强了球队竞争力。
MSG Sports 实现了高赛季票续订率,并成功推出新的商品伙伴关系和高档酒店服务。
公司计划扩大赛事现场俱乐部空间,并翻新多个套件,提升客人体验和驱动营业收入。
Opportunities:
机会:
MSG Sports capitalized on robust local fan support, translating into strong season ticket sales and high per cap spending in arena.
The new national media rights agreements for the NBA promise increased annual media rights revenue despite fewer exclusive local telecasts.
MSG Sports 借助强大的当地粉丝支持,实现了强劲的赛季票销售和竞技场的高客单价。
NBA的新全国媒体版权协议承诺增加年度媒体收益,尽管独家本地电视转播次数减少。
Risks:
风险:
The changing landscape in regional sports networks, particularly the potential impact on MSG Networks due to reduced local game telecasts and significant debt maturity, poses a risk to local media rights revenue.
区域型体育网络中的局势变化,特别是可能对 MSG Networks 造成的影响,由于本地赛事转播减少和重大债务到期,对本地媒体版权收益构成风险。
More details: Madison Square Garden Sports IR
更多详情请参见 麦迪逊运动的投资者关系页面。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。