Sphere Entertainment: Q1 Earnings Snapshot

Published: 2025-05-08 08:04:20 ET SPHR

Published on 05/08/2025 at 08:04

NEW YORK (AP) — NEW YORK (AP) — Sphere Entertainment Co. (SPHR) on Thursday reported a loss of $82 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of $2.27.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.48 per share.

The company posted revenue of $280.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $277.1 million.

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