MSG Rangers Corp. (MSGR) Q1 FY2026 earnings

Reported results

• Revenues were $14.1 million, an increase of $0.4 million, or 3%, as compared to the prior year period.
• Operating loss was $23.6 million, an increase of $10.7 million, or 84%, as compared to an operating loss of $12.8 million in the prior year period.
• Adjusted operating loss (a non-GAAP measure) was $21.3 million, an increase of $10.9 million as compared to an adjusted operating loss of $10.4 million in the prior year period.
• Direct operating expenses were $8.8 million, an increase of $5.2 million as compared to the prior year period.
• Selling, general and administrative expenses were $28.1 million, an increase of $5.8 million, or 26%, as compared to the prior year period.
• Net loss was $16,886 thousand, compared to a net loss of $10,805 thousand in the prior year period.

Notes

Fiscal 2027 and 2026 results are presented in accordance with accounting requirements for the preparation of carve-out financial statements following the spin-off from MSG Knickerbockers Corp., and do not include all of the actual expenses that would have been incurred had MSG Rangers been a standalone company for the periods presented.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.