---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-281215"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:46:56.357221+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MSG Entertainment Q1 revenue up 36% to $401.2M; adjusted operating income down 73% to $2.8M

## Summary
- Revenue $401.2M, up 36% YoY; operating loss improved to $44.8M from $83.3M.
- Entertainment segment revenue $147.1M (vs $34.2M); adjusted operating loss narrowed to $44.4M.
- MSG Networks revenue down 13% to $122.5M; adjusted operating income down 41% to $32.9M.
- Tao Group Hospitality revenue up 11% to $132.7M; adjusted operating income down 44% to $14.6M.
- Confidentially submitted Form 10 for proposed spin-off of live entertainment and MSG Networks; final board approval required.

## SEC filing metadata
- accession: 0001193125-22-281215
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000119312522281215/0001193125-22-281215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000119312522281215/d555915d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-281215
- JSON: https://secwatch.observer/filing/0001193125-22-281215.json
- Plain text: https://secwatch.observer/filing/0001193125-22-281215.txt

## Key facts
- Earnings Releases
  Sphere Entertainment Co. reported first quarter ended September 30, 2022 results: revenue $401.2 million.
  - Period: first quarter ended September 30, 2022
  - Revenue: $401.2 million
  - Result: reported results
  source text: For the fiscal 2023 first quarter, the Company reported revenues of $401.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1795250/000119312522281215/0001193125-22-281215-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.