AI brief of an SEC Form 8-K · Madison Square Garden Entertainment Corp. (MSGE)

MSG Entertainment Q1 revenue rises 37% to $217.1 million; operating income $9.7 million

Positive Impact 3 of 5 earnings Written later

MSG Entertainment reported fiscal 2027 first-quarter revenue of $217.1 million, up 37% from a year earlier, and operating income of $9.7 million, compared with an operating loss of $29.7 million a year earlier. Net income was $8.9 million, or $0.19 per diluted share, versus a net loss of $21.7 million, or $0.46 per share, in the prior-year quarter. Operating cash flow was negative $26.2 million, and cash, cash equivalents and restricted cash fell to $194.2 million from $294.2 million at June 30, 2026.

Key points

  • Revenues of $217.1 million, up $58.9 million, or 37%, from $158.3 million in the prior-year quarter
  • Operating income of $9.7 million versus an operating loss of $29.7 million; adjusted operating income of $34.3 million versus $7.1 million
  • Net income of $8.9 million, or $0.19 per diluted share, versus a net loss of $21.7 million, or $0.46 per share
  • Repurchased approximately $25 million of Class A common stock in the quarter; net cash used in operating activities was $26.2 million

The filing

CompanyMadison Square Garden Entertainment Corp. (MSGE)
Form8-K, current report
Filed with the SECNov 4, 2026, 7:39 AM ET
Accession number0001628280-26-069803

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.