06.05.2016 - Revenue of Madison Square Garden Co. pleased investors

Madison Square Garden Co. reported on results for third quarter of the fiscal year, according to which the profit was 60.76 million compared to 11.47 million dollar loss in the same period of the last year. Revenue for the quarter rose to 336.33 million dollars against 300.86 million a year earlier. According to our estimates, the growth of quotations of the company in the medium term may reach 7-10%.

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