NEW YORK (AP) — NEW YORK (AP) — The Madison Square Garden Co. (MSGS) on Tuesday reported a loss of $1.8 million in its fiscal fourth quarter. On a per-share basis, the New York-based company said it had a loss of 7 cents.

The sports company, which owns the New York Knicks and New York Rangers, reported a fourth-quarter loss of $0.07 per share, beating analyst expectations for a loss of $0.14 per share. Revenue came in at $204 million, significantly above the consensus estimate of $164.25 million, though down 10% from $227.3 million in the same quarter last year.

Madison Square Garden Sports swung to a loss and reported lower revenue in its latest quarter, reflecting in part less revenue from the playoffs and leagues distribution. MSG Sports, whose assets include the Westchester Knicks and Hartford Wolf Pack development-league teams,

Madison Square Garden (MSGS) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.

Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2025. The fiscal 2025 fourth quarter was highlighted by the New York Knicks' (the "Knicks") participation in the NBA playoffs,