10:12 AM EDT, 05/08/2025 (MT Newswires) -- Sphere Entertainment ( SPHR ) shares were up 2% in recent Thursday trading after reporting its Q1 net loss widened.

The company reported a Q1 net loss Thursday of $2.27 per diluted share, wider than a loss of $1.33 a year earlier.

Analysts polled by FactSet expected a net loss of $2.18.

Revenue for the quarter ended March 31 was $280.6 million, down from $321.3 million a year earlier.

Analysts surveyed by FactSet expected $289.6 million.

Price: 29.84, Change: +0.05, Percent Change: +0.18