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Sphere Entertainment's Fiscal Q3 Loss Narrows, Revenue Rises
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Sphere Entertainment's Fiscal Q3 Loss Narrows, Revenue Rises
May 10, 2024 5:26 AM

08:04 AM EDT, 05/10/2024 (MT Newswires) -- Sphere Entertainment ( SPHR ) reported a fiscal Q3 loss Friday of $1.33 per share, narrowing from a loss of $1.64 per share a year earlier.

Analysts polled by Capital IQ expected a loss of $0.19.

Revenue for the quarter ended March 31 was $321.3 million, up from $162.1 million a year earlier.

Analysts surveyed by Capital IQ expected $324.7 million.

Shares of the company were off 0.6% in recent Friday premarket activity.

Price: 41.20, Change: -0.06, Percent Change: -0.15

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