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MSG Networks Inc.

MSGN•NYSE
Communication Services
Entertainment
$14.17
$-0.13(-0.91%)
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The company's financials show resilient growth, with revenue advancing from $152.11M in Q2 2020 to $177.85M in Q1 2021. Gross profit remained healthy with margins at 58% in Q1 2021 compared to 70% in Q2 2020. Operating income hit $69.89M last quarter, sustaining a consistent 39% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $73.24M. Net income rose to $45.58M, while earnings per share reached $0.79. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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