earnings
confidence high
sentiment neutral
materiality 0.70
Sphere Ent Q4 rev $273.4M (+112% YoY); FY adj op income $80.7M
Sphere Entertainment Co.
2024-FY EPS reported
-$5.68
revenue$1,026,889,000
- Fiscal Q4 revenue $273.4M (+112% YoY); full-year revenue $1.03B (+79% YoY).
- Q4 operating loss $71.4M; full-year loss $341.2M. Adjusted op income Q4 $25.7M, FY $80.7M.
- Sphere segment Q4 revenue $151.2M (vs $0.7M); segment adj op loss narrowed to $5.5M from $90.4M.
- MSG Networks Q4 revenue $122.2M (-5% YoY); op income $33.2M (+33% YoY).
- Dead & Co. 30-show residency; Eagles 20-show residency; Sphere Experience avg daily sales >$1M; UFC 306 in Sep.