Madison Square Garden Sports on Friday reported a loss of $78.5 million in its fiscal fourth quarter.

On a per-share basis, the New York-based company said it had a loss of $3.27. Losses, adjusted to account for discontinued operations, came to $3.26 per share.

For the year, the company reported a loss of $182.4 million, or $7.62 per share, swinging to a loss in the period. Revenue was reported as $603.3 million.

Madison Square Garden Sports shares have fallen 43 percent since the beginning of the year. The stock has fallen 42 percent in the last 12 months.


Please enter your comment!
Please enter your name here