Madison Square Garden Entertainment reported record ticket sales and stronger profits for its fiscal year ended 30 June, helped by Lady Gaga concerts, New York Knicks-related revenues and Radio City’s Christmas Spectacular. The results underline sustained demand for major live events at MSGE venues and position the company for further growth in the next financial year.

Annual revenue rose 13% to $1.11 billion, while operating income increased 16% to $141.5 million and net income reached $66.2 million, or $1.38 per diluted share. Its venues hosted 6.4 million guests at nearly 960 events; the Christmas Spectacular sold 1.2 million tickets across 215 performances, and MSGE expects Harry Styles’ 30-show residency and NCAA basketball regional games to support future revenue.