07:54 AM EDT, 11/01/2024 (MT Newswires) -- Madison Square Garden Sports ( MSGS ) reported a fiscal Q1 loss Friday of $0.31 per diluted share, narrowing from a loss of $0.79 a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.78.

Revenue for the quarter ended Sept. 30 was $53.3 million, up from $43.0 million a year earlier.

Analysts surveyed by Capital IQ expected $43.7 million.

Shares of the sports and entertainment company were up more than 3% in recent Friday premarket activity.