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MSG Rangers Corp. Reports Fiscal 2027 First Quarter Results

$MSGKPress releaseNov 6, 2026, 7:30 AM ETRead the release

MSG Rangers Corp. (NYSE: MSGR) reported its first quarterly results as a standalone company following its October 26, 2026 spin-off from MSG Knickerbockers Corp. (NYSE: MSGK). Fiscal Q1 revenues rose 3% year-over-year to $14.1 million, but the operating loss widened $10.7 million to $23.6 million, with adjusted operating loss of $21.3 million, driven by $3.6 million of spin-off costs, higher team personnel expenses, and a 26% jump in SG&A.

Key figures

Revenue
14100000
Revenue Yoy
3%
Sga
28100000
Spinoff costs
3600000
Shares outstanding
12105000
Cash and equivalents
51000

AI analysis

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