MSG Entertainment Q2 revenue up 24% to $642.2M; spin-off on track for March 2023

Sphere Entertainment Co.

2023-Q2 EPS reported $0.66 revenue$1,043,416,000

Revenue $642.2M (+24% YoY); operating income $74.0M (+109%); AOI $124.1M (+63%).
Entertainment segment revenue $356.5M (+44% YoY); MSG Networks $158.9M (-1%); Tao Group Hospitality $136.0M (+16%).
Proposed spin-off of live entertainment business expected by end of March 2023; Amended Form 10 submitted confidentially in January.
MSG Sphere in Las Vegas on track to open in September 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Sphere Entertainment Co. reported fiscal second quarter ended December 31, 2022 results: revenue $642.2 million.

Period: fiscal second quarter ended December 31, 2022
Revenue: $642.2 million
Result: reported results

Exact text from the filing

For the fiscal 2023 second quarter, the Company reported revenues of $642.2 million

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Source: SEC EDGAR

accession 0001193125-23-030028

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