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Madison Square Garden Q4: Topline Growth, Events And Merchandise Lead Charge

Madison Square Garden Entertainment Corp (NYSE:MSGE) stock gained after it reported its fiscal fourth-quarter results. Revenue rose 26% year-on-year to $186.1 million, beating the analyst consensus estimate of $169.6 million.  Adjusted EPS loss of $(0.53) missed the analyst consensus loss estimate of $(0.52). Also Read: Madison Square Garden Has Room For ‘Robust Growth’ Thanks To Concert Lineup, Christmas Spectacular: Analyst Revenues from entertainment offerings rose 20% year-on-year to $142.9 million, led by higher event-related revenues and revenues subject to the ...