Sphere Entertainment Co. (NYSE:SPHR ) Q1 2025 Results Conference Call May 8, 2025 10:00 AM ET Company Participants Ari Danes - SVP, IR, Financial Communications & Treasury James Dolan - Executive Chairman & CEO Robert Langer - EVP, Chief Financial Officer Jennifer Koester - Chief Operating Officer Conference Call Participants Brandon Ross - LightShed David Karnovsky - JPMorgan Stephen Laszczyk - Goldman Sachs Peter Supino - Wolfe Research Peter Henderson - Bank of America David Joyce - Seaport Research Partners Operator Good morning, and thank you for standing by. Welcome to the Sphere Entertainment Company First Quarter 2025 Earnings Conference Call.
Sphere Entertainment (SPHR) came out with a quarterly loss of $2.27 per share versus the Zacks Consensus Estimate of a loss of $2.48. This compares to loss of $1.33 per share a year ago.
NEW YORK , May 8, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the first quarter ended March 31, 2025.(1) Recent Sphere operating highlights include: The Company announced new multi-year marketing partnerships with Pepsi and Google; Sphere in Las Vegas is on track to host multiple corporate events in the second quarter, including Hewlett Packard Enterprise for the second consecutive year; Insomniac and Tomorrowland announced 'Unity' – Sphere's next electronic dance music event – with nine shows scheduled between the end of August and October; and Dead & Company is in the midst of an 18-show residency (following their 30-show run in 2024), which will be followed by residencies from Kenny Chesney and the Backstreet Boys, as well as the return of the Eagles this fall.
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Entertainment Industry | Communication Services Sector | Mr. James Lawrence Dolan CEO | XDUS Exchange | US55826T1025 ISIN |
US Country | 1,080 Employees | - Last Dividend | 21 Apr 2023 Last Split | 9 Apr 2020 IPO Date |
Sphere Entertainment Co., formerly known as Madison Square Garden Entertainment Corp., is a prominent player in the entertainment industry, headquartered in New York, New York. Since its establishment in 2006, the company has specialized in the production, presentation, and hosting of a diverse array of live entertainment events. Sphere Entertainment Co. manages several prestigious venues across New York City, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre, as well as The Chicago Theatre in Chicago. The company's rebranding to Sphere Entertainment Co. in April 2023 reflects its expansive approach to offering a wide spectrum of entertainment experiences, from concerts and family shows to special and sporting events.
Sphere Entertainment Co. offers an extensive range of entertainment and dining experiences: