Madison Square Garden Q1: Revenue Drops, Concerts Impress
Madison Square Garden Q1: Revenue Drops, Concerts Impress
Madison Square Garden Entertainment Corp (NYSE:MSGE) reported its fiscal first-quarter 2025 results Friday.
麥迪遜廣場花園娛樂公司（紐約證券交易所代碼：MSGE）週五公佈了其2025年第一財季業績。
Revenue declined 2% year-on-year to $138.7 million, missing the analyst consensus estimate of $247.5 million.
收入同比下降2％，至1.387億美元，未達到分析師共識估計的2.475億美元。
EPS loss of $(0.40) beat the analyst consensus loss estimate of $(2.76).
每股收益虧損0.40美元，超過了分析師共識虧損預期的2.76美元。
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Revenues from entertainment offerings declined 1% year-on-year to $115.1 million, primarily due to lower event-related revenues.
娛樂產品的收入同比下降1％，至1.151億美元，這主要是由於與活動相關的收入減少。
Food, beverage, and merchandise revenues decreased 18% year-on-year to $19.0 million due to lower food and beverage sales at concerts held at the company's venues.
食品、飲料和商品收入同比下降18％，至1,900萬美元，這是由於在公司場地舉行的音樂會的食品和飲料銷售減少。
Event-related revenues decreased by $1.5 million due to lower concert revenues.
由於音樂會收入減少，與活動相關的收入減少了150萬美元。
In addition, the company reported an adjusted operating income of $1.9 million, versus $(0.2) million a year ago, primarily due to lower direct operating expenses and selling, general and administrative expenses.
此外，該公司報告的調整後營業收入爲190萬美元，而去年同期爲20萬美元，這主要是由於直接運營費用以及銷售、一般和管理費用減少。
As of September, cash and equivalents stood at $37.6 million.
截至9月，現金及等價物爲3,760萬美元。
Since fiscal 2025 began, Madison Square Garden Arena set a new record for the most concerts held in a first fiscal quarter. Last month, the New York Knicksand New York Rangers returned to The Garden for their 2024-25 regular seasons.
自2025財年開始以來，麥迪遜廣場花園競技場創下了第一財季舉辦音樂會最多的新紀錄。上個月，紐約尼克斯隊和紐約流浪者隊在2024-25年常規賽中重返花園。
Today, the Christmas Spectacular kicks off its 2024 holiday run at Radio City Music Hall, offering 199 performances, up from 193 in fiscal 2024. New sales and renewals in the premium hospitality segment remain strong.
今天，《聖誕盛會》在無線電城音樂廳拉開了2024年的假日演出序幕，共有199場演出，高於2024財年的193場。高端酒店板塊的新銷售和續訂量仍然強勁。
The company also secured multi-year sponsorship agreements with Lenovo, Motorola Mobility, Abu Dhabi's Department of Culture and Tourism, and extended its partnership with Verizon.
該公司還與聯想、摩托羅拉移動、阿布扎比文化和旅遊部簽訂了多年贊助協議，並擴大了與Verizon的合作伙伴關係。
Madison Square Garden Entertainment stock has gained over 39% year-to-date.
迄今爲止，麥迪遜廣場花園娛樂公司的股票已上漲39％以上。
Price Action: MSGE stock was down 0.53% to $43.09 on Thursday.
價格走勢：週四，MSGE股價下跌0.53％，至43.09美元。
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Image via Wikimedia Commons/ Andrew nyr
圖片來自維基共享資源/Andrew nyr
