Sphere Entertainment reports Q4 operating loss of $70.3M; Sphere opens Sept 29

Sphere Entertainment Co.

2023-FY EPS reported $14.40 revenue$573,831,000

Full-year revenue $573.8M, down 6% YoY; operating loss widened to $273.0M from $165.7M.
Q4 adjusted operating loss $59.8M vs $35.4M loss a year ago; MSG Networks segment income fell 22%.
Sphere in Las Vegas opens Sept 29 with 25 U2 shows; Sphere Experience 'Postcard from Earth' Oct 6.
Completed spin-off of live entertainment business and sale of Tao Group Hospitality in April/May 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 0.9

Sphere Entertainment Co. reported fourth quarter and fiscal year ended June 30, 2023 results: revenue $129.1 million.

Period: fourth quarter and fiscal year ended June 30, 2023
Revenue: $129.1 million
Result: reported results

Exact text from the filing

For the fiscal 2023 fourth quarter, the Company reported revenues of $129.1 million

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Source: SEC EDGAR

accession 0001193125-23-217473

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