Madison Square Garden Entertainment Corp (MSGE) Q4 2022 Earnings Conference Call August 19, 2022 10:00 AM ET

Company Participants

Ari Danes - SVP, Investor Relations, Financial Communications and Treasury

David Byrnes - EVP and CFO

Andrea Greenberg - President and CEO, MSG Networks

Conference Call Participants

Brandon Ross - Lightshed Partners

Arshad Jhavar - Jefferies

David Karnovsky - JPMorgan

Paul Golding - Macquarie Capital

Ben Swinburg - Morgan Stanley

Operator

Good morning. Thank you for standing by, and welcome to the Madison Square Garden Entertainment Corp Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers remarks there will be a question and answer session. [Operator Instructions]

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 2022 fourth quarter and year-end earnings conference call. David Byrnes, our EVP and Chief Financial Officer, will begin today's call with a discussion of the potential spin-off transaction as well as an update on the company's entertainment and Tao Group segments. This will be followed by an update from Andrea Greenberg, President and CEO of MSG Networks. David will then conclude with a review of our financial results for the period.

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 5 and 6 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 will now turn the call over to David.

David Byrnes

Thank you, Ari, and good morning, everyone. This past fiscal year demonstrated the resiliency of our business and the robust demand of our portfolio of live experiences, while we continue to make significant progress on our company's next chapter MSG Sphere. And as we look forward, we remain focused on ensuring that our company is well positioned to drive ongoing growth and value creation for our shareholders.