secwatch.observer — SEC 8-K summary
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Issuer:     Sphere Entertainment Co. (SPHR)
CIK:        0001795250
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001795250-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795250/000179525024000014/0001795250-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795250/000179525024000014/sphr-20240510.htm
  HTML page:      https://secwatch.observer/filing/0001795250-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer