Short answer
Madison Square Garden Sports Corp (MSGS) filed its Q4 2018 10-Q quarterly report on Feb 1, 2019 for the quarter ended Dec 31, 2018.
Madison Square Garden Sports Corp Q4 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $632.187M, up $95.885M YoY, with ASC 606 limiting comparability
- Operating margin 12.4% vs 13.7% YoY, net income $75.968M vs $187.991M
- Best segment MSG Entertainment revenue $316.514M, operating income $93.274M, up 25%
- Worst segment MSG Sports operating income $41.832M, down 16%, driven by $37.996M higher personnel transaction provisions
- Cash, equivalents and restricted cash $1.252B, operating cash flow $28.519M vs $52.599M; venue construction expected to require additional capital
Risk Factors
- Newly disclosed Sports Distribution risk: completion depends on league approvals, IRS private letter ruling, tax opinion and final Board approval
- Regulatory risk: proposed spin-off timing targeted for the second half of calendar year 2019 remains uncertain
- Operational risk: ASC Topic 606 shifted suite-license revenue recognition to event timing, increasing quarterly volatility
- Financial risk: operating cash flow fell to $28,519 from $52,599 for the six months ended December 31, 2018
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Madison Square Garden Sports Corp quarterly reports
- Q3 2019 10-QFiled Nov 8, 2019
- Q1 2019 10-QFiled May 8, 2019
- Q3 2018 10-QFiled Nov 1, 2018
- Q1 2018 10-QFiled May 2, 2018
- Q4 2017 10-QFiled Feb 8, 2018
- Q3 2017 10-QFiled Nov 3, 2017
- Q1 2017 10-QFiled May 4, 2017
- Q4 2016 10-QFiled Feb 3, 2017
- Q3 2016 10-QFiled Nov 4, 2016
- Q1 2016 10-QFiled May 6, 2016
- Q4 2015 10-QFiled Feb 4, 2016
- Q3 2015 10-QFiled Nov 5, 2015
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