Madison Square Garden Sports Corp. (NYSE:MSGS) Q4 2024 Earnings Conference Call August 13, 2024 10:00 AM ET

Company Participants

Ari Danes - Investor Relations and Financial Communications
Jamaal Lesane - Chief Operating Officer
Victoria Mink - Executive Vice President, Chief Financial Officer and Treasurer

Conference Call Participants

David Karnovsky - JP Morgan
Daniel Juran - Morgan Stanley
Brandon Ross - LightShed
Peter Supino - Wolfe Research
Paul Golding - Macquarie Securities

Operator

Good morning. Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2024 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.

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 2024 fourth quarter and year-end earnings conference call. Our Chief Operating Officer, Jamaal Lesane will begin this morning’s call with an update on the Company’s strategy and 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 Jamaal.

Jamaal Lesane

Thank you, Ari, and good morning, everyone. I’d like to begin by saying how honored I am to step into this leadership role at MSG Sports. I look forward to working with my colleagues to continue to strengthen and build upon the legacies of our two iconic franchises, the Knicks and the Rangers. Both teams had exciting regular and post-season campaigns this past year, resulting in strong financial results for our business.