---
schema_version: "secwatch.filing_event.v1"
accession: "0001795250-24-000014"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:05:12.516758+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sphere Entertainment Q3 rev $321.3M (+98% YoY); adj OI $61.5M; Sphere segment profitable

## Summary
- Revenue of $321.3M, up $159.3M (+98%) from prior year.
- Operating loss improved to $40.4M from $101.9M; adjusted OI of $61.5M vs loss $18.7M.
- Sphere segment rev $170.4M (vs $0.6M), adj OI $12.9M (vs -$77.0M).
- MSG Networks rev $151.0M (-6% YoY), adj OI $48.6M (-17% YoY).
- U2 concluded 40-show run; Dead & Co. extended to 24 shows; record Super Bowl ad week.

## SEC filing metadata
- accession: 0001795250-24-000014
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000179525024000014/0001795250-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000179525024000014/sphr-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001795250-24-000014
- JSON: https://secwatch.observer/filing/0001795250-24-000014.json
- Plain text: https://secwatch.observer/filing/0001795250-24-000014.txt

## Key facts
- Earnings Releases
  Sphere Entertainment Co. reported the third quarter ended March 31, 2024 results: revenue $321.3 million.
  - Period: the third quarter ended March 31, 2024
  - Revenue: $321.3 million
  - Result: reported results
  source text: the second round of the postseason for both the Knicks and Rangers across its linear and digital platforms. For the fiscal 2024 third quarter, the Company reported revenues of $321.3 million, an increase of $159.3 million, as compared to the prior year quarter. In addition, the Company reported an operating loss of $40.4 million, an improvement of $61.5 million as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1795250/000179525024000014/0001795250-24-000014-index.htm

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