MSGE Q2 Earnings Call: Revenue Up 10% YoY to $460M, AOI at $190M

Madison Square Garden Entertainment reported Q2 revenue of $460mln and adjusted operating income of $190mln, both up double digits YoY. The success was attributed to a record-breaking Christmas Spectacular run, with over 1.2mln tickets sold and $195mln in total revenue. The company believes there is room for further growth in show count and ticket pricing for next holiday season. Venue activity and bookings trends saw an increase in events across its venues, driven by growth in concerts, family shows, and marquee sporting events.