Madison Square Garden Sports Corp. (NYSE:MSGS) Q4 2022 Earnings Conference Call August 18, 2022 10:00 AM ET
Company Participants
Ari Danes - Investor Relations
Andy Lustgarten - President & Chief Executive Officer
Victoria Mink - Executive Vice President, Chief Financial Officer & Treasurer
Conference Call Participants
Brandon Ross - LightShed Partners
Ben Swinburne - Morgan Stanley
David Karnovsky - JPMorgan
Devin Brisco - Wolfe Research
Farshid Javar - Jefferies
Operator
Good morning. Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call. . At this time, all participants are in a listen-only mode. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions].
I would now like to turn the call over to Ari Danes, Investor Relations. Please go ahead.
Ari Danes
Thank you, operator. Good morning and welcome to MSG Sports Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call. Our President and CEO, Andy Lustgarten will begin this morning's call with an update on the company's operations. This will be followed by a review of our financial results with Victoria Mink, our EVP, Chief Financial Officer and Treasurer. 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 Andy.
Andy Lustgarten
Good morning, and thank you for joining us. As we look back on fiscal 2022, we are incredibly proud of the year we had, highlighted by record full year financial results with revenues of over $820 million and adjusted operating income of more than $140 million. In addition, every major revenue line exceeded results for fiscal 2019, our last full year prior to the pandemic from tickets, sponsorship and suites, to food, beverage and merchandise sales and media rights. This is a true testament to the incredible demand and enthusiasm for our iconic franchises, especially in the nick of Rangers first full regular season in three years.