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2024

Sphere Entertainment: Fiscal Q3 Earnings Snapshot

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NEW YORK (AP) — NEW YORK (AP) — Sphere Entertainment Co. (SPHR) on Friday reported a loss of $47.2 million in its fiscal third quarter.

On a per-share basis, the New York-based company said it had a loss of $1.33.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.

The company posted revenue of $321.3 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $322.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPHR at https://www.zacks.com/ap/SPHR