MSG Networks Inc. (MSGN) Misses Q3 EPS by 2c

MSG Networks Inc. (NYSE: MSGN) reported Q3 EPS of $0.58, $0.02 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $183.2 million versus the consensus estimate of $183.7 million.

President and CEO Andrea Greenberg said, "For our fiscal third quarter, MSG Networks’ exclusive live content and critically-acclaimed original programming continued to drive solid revenue and adjusted operating income results. In addition to our sustained financial performance, we believe the strength and popularity of our programming and our full complement of digital media rights will lead to new opportunities to distribute and monetize our content. We are on track for another strong year of AOI and free cash flow generation and, looking ahead, remain confident in our ability to continue creating long-term value for our shareholders."

For earnings history and earnings-related data on MSG Networks Inc. (MSGN) click here.

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