Sphere Entertainment Q2 revenue up 11% to $313.6M; adjusted operating income down 17%

Sphere Entertainment Co.

Revenue $313.6M (+11% YoY); operating loss $61.3M vs $50.2M loss a year ago.
Adjusted operating income $50.9M (-17% YoY); Sphere segment adj. op. income $39.9M (+60%).
Sphere segment revenue $226.4M (+29%); MSG Networks revenue $87.3M (-18%).
The Wizard of Oz at Sphere surpassed $400M in ticket sales; new F1 partnership extended through 2030.
Sphere Abu Dhabi location selected (Yas Island); construction expected by end of 2029.

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