MSG scores on cable networks

Investor's Business Daily

The owner of the NBA Knicks and NHL Rangers, and sports network operator, posted a 7% decline in EPS to 26 cents, 7 cents over analysts' forecasts. Revenue climbed 15% to $204.17 mil, slightly over forecasts. Madison Square Garden's (MSG) media revenue climbed 15%, with entertainment up 12% and sports revenue up 10%. Shares rose 0.1% to 41.45.

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