Sphere Entertainment Co

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Sphere Entertainment reports mixed Q3 results, highlights Vegas success

Sphere Entertainment reported mixed financial results with total revenues of $118 million but an adjusted operating loss of $57.9 million. The successful opening of Sphere in Las Vegas and the positive reception of the Sphere experience indicate strong potential for revenue generation. However, the significant operating loss for the Sphere segment and the resignation of the CFO present challenges that need to be addressed. Despite challenges, there are opportunities for revenue growth through expansion and new content iterations for Sphere, as well as audience engagement through the launch of MSP+ by MSG Networks.

Sphere Entertainment Co reports mixed Q4 results, highlights venue innovations

Sphere Entertainment Co faces challenges with profitability despite strong revenue figures. The company's strengths lie in its innovative venue in Las Vegas and the promising Exosphere advertising platform. Opportunities exist in leveraging the unique business model and expanding content offerings.

Sphere Entertainment Co reports mixed Q1 results, focuses on growth

Sphere Entertainment Co faces financial challenges with a significant operating loss, while MSG Networks show positive revenue growth. The successful launch of Sphere in Las Vegas and the new streaming service by MSG Networks demonstrate strengths in attracting audiences and adapting to changing market trends. Addressing leadership stability and financial performance will be crucial for Sphere's future success.

Sphere Entertainment Co reports strong Q2 performance and explores international expansion

Sphere Entertainment Co's strong performance in Las Vegas and positive adjusted operating income highlight its growth potential and market appeal.
Challenges in MSG Networks require strategic adjustments, while opportunities in international expansion and revenue optimization offer avenues for future growth.
The earnings call emphasized the importance of refining business models, addressing challenges, and capitalizing on opportunities for sustained success.

Sphere Entertainment Co reports strong Q3 performance and expansion plans

Sphere Entertainment Co's Q3 2024 performance reflects strong revenue and operational success in Las Vegas.
While challenges like subscriber decrease at MSG Networks exist, opportunities in international expansion and technology advancements are promising.
Strategic priorities for fiscal '25 include construction of a second Sphere and enhancing operational efficiency for future growth.

Sphere Entertainment Co reports solid Q4 earnings amidst operational challenges

Sphere Entertainment Co delivered a solid financial performance in Q4 2024, with strong revenues and operational improvements in certain segments.
While facing challenges such as AOI losses and debt levels, the company maintains a strong market presence and financial position.
Exploring growth opportunities through international expansion, content enhancements, and strategic refinancing could drive future success for Sphere Entertainment Co.

Sphere Entertainment Co reports Q1 losses but eyes global expansion

Sphere Entertainment Co faces challenges with operating losses but shows strengths in global expansion and event success, presenting growth opportunities.
Maintaining a strong liquidity position is a key strength, while addressing revenue declines and refinancing challenges are critical for future success.
Clear communication and strategic direction are essential to overcome challenges and capitalize on growth opportunities in the entertainment industry.
Overall, Sphere Entertainment Co's performance reflects a mix of strengths, challenges, and opportunities that require strategic management and financial focus.

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Sphere Entertainment Co. engages in the provision of live entertainment and media services. It operates through the following segments: Entertainment, MSG Networks, and Other. The Entertainment segment is involved in the bookings business, which features a variety of live entertainment and sports experiences. The MSG Networks segment delivers a range of live sports content, entertainment networks, and other programming. The company was founded in 2010 and is headquartered in New York, NY.

Madison Square Garden Entertainment

It's Beginning To Look A Lot Like Christmas In Las Vegas! The Radio City Rockettes Iconic Precision Choreography To Be Showcased In New Festive Activation  Featuring Dancing Wrapping 360 Degrees Around the Venue LAS VEGAS and NEW YORK ,  Nov. 28, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ('Sphere Entertainment') and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ('MSG Entertainment') announced today that the Radio City Rockettes, the stars of the beloved Christmas Spectacular Starring the Radio City Rockettes that runs annually at Radio City Music Hall in New York, will be featured daily throughout the holiday season on the Exosphere, the fully programmable LED exterior of Sphere in Las Vegas.

Sphere To Feature First-Of-Its-Kind Exosphere Activation With The Radio City Rockettes This Holiday Season

“Why doesn't London want the best show on earth?” This was the question posed by Madison Square Garden boss James Dolan after plans to replicate his ostentatious Las Vegas Sphere venue in Stratford, London, was nixed by London mayor Sadiq Khan.

Sphere not Stratford: London doesn't want the best show on earth

Early data confirms Sphere residencies to have high margins. Company still isn't "getting credit" for its operational efficiency/leverage. Company should reprice between now, and Feb earnings (at the latest) to $55+. Price target is $70.

Sphere Continues To Dazzle, Markets Continue To Underprice

Sphere's Exterior LED Screen – The Exosphere – To Debut Live Cued Content  For First Time Ever During Race Week World's Largest LED Screen To Transform Into Dynamic Driver Cards, Display Real Time Pole Position, Custom Podium Graphics, F1 Helmets, And More During Inaugural Race Weekend LAS VEGAS , Nov. 15, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) and the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX announced today new details on the custom Grand Prix™ content created exclusively by Sphere Studios that will be displayed on Sphere's fully programmable LED exterior – the Exosphere – in celebration of Las Vegas' inaugural race weekend. The Exosphere is the world's largest LED screen and a landmark recognized around the world for its dynamic visuals and captivating content.

Sphere And Formula 1 Heineken Silver Las Vegas Grand Prix Announce Custom Race Content For Exosphere

Sphere Entertainment Co (NYSE:SPHR) shares rose in early Friday trading following a bad week for the company after its recently-opened iconic Sphere venue in Las Vegas reported a $98.4 million first-quarter operating loss and its chief financial officer quit. In a filing with the Securities and Exchange Commission, the company announced Gautam Ranji's resignation, saying it was “not a result of any disagreement with the company's independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure or internal controls.

Sphere Entertainment shares recover after a bad week as CFO quits after bigger 1Q operating loss

Sphere in Las Vegas Successfully Opened on September 29 th with Start of U2's 36-Show Run Exosphere Launched First-Ever Brand Campaign in September, Followed by Several Additional High-Profile Campaigns The Sphere Experience Featuring Darren Aronofsky's Postcard from Earth Debuted on October 6 th to Critical Acclaim NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the fiscal first quarter ended September 30, 2023. On September 29, 2023, the Company successfully opened Sphere in Las Vegas in a milestone event that garnered worldwide press and social media coverage.

SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2024 FIRST QUARTER RESULTS

Sphere Entertainment (SPHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Sphere Entertainment (SPHR) Q1 Earnings Expected to Decline

NEW YORK , Nov. 1, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2023 on Wednesday, November 8, 2023 at 10:00 a.m. Eastern Time.

Sphere Entertainment Co. to Host Fiscal 2024 First Quarter Conference Call

Infosys

Next-generation digital capability will harness the power of AI to allow MSG Networks to instantly generate and deliver Knicks and Rangers game highlights for the upcoming season NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Infosys (NSE, BSE) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an Infosys Topaz-powered artificial intelligence (AI) innovation with MSG Networks as part of its ongoing relationship, which MSG Networks' can use to enhance coverage of the 2023-2024 Knicks and Rangers seasons across social platforms. The arrangement includes Infosys Topaz AI, data and analytics solutions, as well as its signature 'AI Highlights' technology.

Infosys and MSG Networks to Enhance Knicks & Rangers Coverage for 2023-2024 Season Through Infosys Topaz-Powered AI Highlights Platform

The New York Knicks will debut a new jersey patch sponsor this season with Sphere Entertainment, a company also owned by the team's owner James Dolan.

Knicks sign jersey patch deal with owner James Dolan's Sphere Entertainment

The Sphere is now open, and it can be invested in too. This stock still has ties to old sports and media businesses.

Sphere Entertainment Soars on Grand Opening. Is This Tech Real Estate Stock a Buy?

Two-Part Multi-Sensory Experience Begins In Sphere's Atrium, Taking Guests On A Journey Through Technological Innovation The First Sphere Experience Features Postcard From Earth – A Mesmerizing New Film From Academy Award-Nominated Director Darren Aronofsky LAS VEGAS , Oct. 5, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will tomorrow debut The Sphere Experience, a signature content category featured at Sphere – the next-generation entertainment medium that opened in Las Vegas last week, capturing worldwide attention for its stunning visual displays and immersive technologies.  The Sphere Experience is a new genre of live entertainment that will transform the shared experience and put Sphere's 22nd century immersive technologies on full display.

THE FUTURE OF IMMERSIVE ENTERTAINMENT IS NOW - THE SPHERE EXPERIENCE PREMIERES TOMORROW

The Venue's Unparalleled Displays Introduced New Form of Immersive Entertainment to Audiences at Sphere's Grand Opening in Las Vegas LAS VEGAS and SUSSEX, England , Oct. 5, 2023 /PRNewswire/ -- Sphere, a next-generation entertainment medium, opened to the public on Friday September 29, 2023, ushering in the future of live entertainment. Two of the Las Vegas venue's signature features – its 160,000 sq.

Sphere and 7thSense Partner to Power Content on Sphere's Interior and Exterior LED Displays

After five years under construction, the $2.3 billion Sphere Las Vegas arena hosted its first show on Sept. 29. The venue has the potential to completely change the business model for live entertainment venues.

U2 Rocked Sphere Las Vegas: Here's How Sphere Entertainment Stock Could Rock Your Portfolio

Shares of Sphere Entertainment were trading at around $42.50 a share as of 1 p.m. Eastern time on Monday -- up from Friday's closing price of $37.32.

Sphere Entertainment stock soars 12% after opening concert by U2

Images and video from the Las Vegas Sphere's first concert circulated over the weekend. U2 performed in the venue's inaugural event.

Why Sphere Entertainment Skyrocketed Today

Sphere Entertainment soared 17% on Monday after opening weekend of the Sphere concert venue. The indoor venue hosted U2 for its sold-out debut concert, and the LED visuals inside were stunning.

Sphere Entertainment soars 17% after videos of U2 concert inside mind-blowing Las Vegas venue light up social media

Social media is buzzing over performances at Las Vegas Sphere. Sphere Entertainment Co. has a reasonable valuation but faces risks from higher interest rates and an uncertain future profitability trajectory. Sphere's new immersive entertainment venue has the potential to disrupt traditional venues and generate strong returns.

Sphere: A Social Media Sensation, A Stock With Something To Prove

The band U2 performed at the Las Vegas venue's opening this weekend.

Sphere Entertainment Up 11% Following Las Vegas Opening

Sphere Entertainment's stock jumped over 10% after the company opened its newest venue in Las Vegas over the weekend.

Sphere Entertainment stock soars over 10% after Las Vegas venue opening

Sphere Entertainment shares surge after U2 plays the first concert at the Las Vegas venue. It's a good sign for CEO James Dolan, who has hopes of building a series of similar sites.

Sphere Entertainment Stock Surges. It Has U2 to Thank.

Sphere Entertainment Co, the New York Stock Exchange-listed live entertainment and media company behind the newly opened, instantly iconic Sphere venue in Las Vegas, rallied nearly 10% in early Monday trades. It follows The Sphere's grand opening last Friday, when U2 kicked off its 25-show U2:UV Achtung Baby residency at the $2.3 billion venue, which is the largest spherical building in the world.

Dazzling U2 concert sends Sphere Entertainment shares soaring

Shares of Sphere Entertainment Co. rose 5.8% in premarket trades Monday after the eagerly-anticipated opening of the Sphere with a stunning show by U2.

Sphere Entertainment's stock climbs after Sphere venue opens with stunning U2 concert

Sphere Entertainment's Humanoid Spokesbot and Storyteller  to Serve as a First-Of-Its-Kind Guide at the Next-Generation Venue Life-Like Aura Humanoid Robots to Interact With Guests at Sphere in Las Vegas,  Transforming the Future of the Guest Experience LAS VEGAS , Sept. 19, 2023 /PRNewswire/ -- Aura the Robot, the world's most advanced humanoid robot, today announced that she will permanently reside in the grand atrium of Sphere in Las Vegas.

INTRODUCING SPHERE'S VERY OWN ROBOT: AURA

New Entity 'Crown Properties Collection' to Manage Global Partnerships Portfolio for Premier Assets Including Sphere, MSG Entertainment's Venues and Live Entertainment Properties, and MSG Sports' Professional Sports Teams Jay Voelker to Lead New Entity as President LOS ANGELES and NEW YORK , Sept. 7, 2023 /PRNewswire/ -- In a groundbreaking move that will establish the first global partnership company of its kind, Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR), (together "the MSG family of companies"), and Oak View Group ("OVG"), today announced the founding of Crown Properties Collection ("CPC").

OAK VIEW GROUP TOGETHER WITH MSG ENTERTAINMENT AND SPHERE ENTERTAINMENT ANNOUNCE FORMATION OF 'CROWN PROPERTIES COLLECTION' TO MANAGE ELITE VENUE PARTNERSHIPS AND SPONSORSHIPS WORLDWIDE

News for Sphere Entertainment Co Stock (SPHR)