secwatch.observer — SEC 8-K summary
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Issuer:     Sphere Entertainment Co. (SPHR)
CIK:        0001795250
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001795250-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sphere Ent Q4 rev $273.4M (+112% YoY); FY adj op income $80.7M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795250/000179525024000028/0001795250-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795250/000179525024000028/sphr-20240814.htm
  HTML page:      https://secwatch.observer/filing/0001795250-24-000028

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