08:22 AM EST, 11/04/2025 (MT Newswires) -- Sphere Entertainment ( SPHR ) reported a Q3 loss Tuesday of $2.80 per diluted share, narrowing from a loss of $2.95 a year earlier.

Analysts polled by FactSet expected a loss of $1.87.

Revenue for the quarter ended Sept. 30 was $262.5 million, up from $227.9 million a year earlier.

Analysts surveyed by FactSet expected $264.2 million.

Shares of the company were down nearly 6% in recent Tuesday premarket activity.