Sphere Entertainment Co. (SPHR)
Summary
Sphere Entertainment Q2 Earnings Call Highlights
Sphere Entertainment NYSE: SPHR reported second-quarter revenue of $313.6 million and adjusted operating income of $50.9 million, while executives highlighted progress on venue expansion, original content development and advertising partnerships.
Sphere Entertainment Co. (SPHR) Q2 2026 Earnings Call Transcript
Sphere Entertainment Co. (SPHR) Q2 2026 Earnings Call Transcript
Sphere Entertainment (SPHR) Reports Q2 Loss, Beats Revenue Estimates
Sphere Entertainment (SPHR) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $1.52. This compares to a loss of $2.71 per share a year ago.
Sphere Entertainment Co. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SL Stephen Laszczyk Goldman Sachs | 203.17 | $30,883.57 | $28,707.64 | -$2,175.93 | -7.05% |
| TD Tyler DiMatteo BTIG | 142.58 | $19,295.97 | $20,147.2 | $851.23 | 4.41% |
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Sphere Entertainment Co. Profile
| Entertainment Industry | Communication Services Sector | James Lawrence Dolan CEO | NYSE Exchange | 55826T102 CUSIP |
| US Country | 1,100 Employees | - Last Dividend | 21 Apr 2023 Last Split | 9 Apr 2020 IPO Date |
Overview
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.
Products and Services
Sphere Entertainment Co. offers an extensive range of entertainment and dining experiences:
- Live Entertainment Events: The company excels in producing, presenting, and hosting live events such as concerts, family shows, and special events. These are held in the company's array of venues, including but not limited to The Garden and Radio City Music Hall.
- Sporting Events: Sphere Entertainment Co. caters to sports enthusiasts by hosting an assortment of sporting events, ranging from professional boxing and college basketball to hockey, professional bull riding, mixed martial arts, esports, and wrestling.
- Entertainment Dining and Nightlife Venues: Operating under famous brand names such as Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia, the company provides premium entertainment dining and nightlife experiences, elevating the standard of leisure activities.
