Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q3 2023 Earnings Conference Call May 18, 2023 10:00 AM ET

Company Participants

Ari Danes - Senior Vice President Investor Relations, Financial Communications and Treasury

Dave Byrnes - Executive Vice President and Chief Financial Officer

Conference Call Participants

Brandon Ross - LightShed Partners

Ben Swinburne - Morgan Stanley

David Joyce - Seaport

Devin Brisco - Wolfe Research

Operator

Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2023 Third Quarter Earnings Conference Call. At this time, all participants are in listen-only mode. After the speakers remarks there will be a question-and-answer session.

I would now like to turn the call over to Ari Danes, Senior Vice President Investor Relations, Financial Communications and Treasury. Please go ahead.

Ari Danes

Thank you. Good morning, and welcome to MSG Entertainment's fiscal 2023 third quarter earnings conference call. On today’s call Dave Byrnes, our EVP and Chief Financial Officer will provide an overview of the business and strategy going forward, as well as financial highlights for the most recent quarter. After our prepared remarks, we will open-up the call for questions. If you do not have a copy of today's earnings release, it is available in the Investors section of our corporate website.

Please take note of the following. Today's discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.

Please refer to the company's filings with the SEC for a discussion of risks and uncertainties. The company disclaims any obligation to update any forward-looking statements that may be discussed during this call. On Pages 4 and 5 of today's earnings release, we provide consolidated statements of operations and a reconciliation of operating income to adjusted operating income or AOI, a non-GAAP financial measure.

And with that, I’ll now turn the call over to Dave.

Dave Byrnes

Thank you, Ari, and good morning everyone. With the successful completion of our spin-off, last month marked the start of an exciting new chapter for MSG Entertainment. As a pure-play live entertainment company, we are poised to continue benefiting from strong consumer and corporate demand for shared experiences as we leverage the strength of our world-class assets and brands. Our venue portfolio is led by Madison Square Garden, the number 1 grossing venue of its size globally.