MSG Spinco Earnings Reports

Sphere Entertainment Co. reported revenues of $308.3 million, a decrease of $5.9 million compared to the prior year quarter. The company's operating loss improved by $16.7 million to $142.9 million, while adjusted operating income decreased by $18.6 million to $32.9 million.

Sphere Entertainment Co. reported revenues of $227.9 million, an increase of $109.9 million compared to the prior year quarter, and an operating loss of $117.6 million, an increase of $47.8 million. The adjusted operating loss was $10.2 million, an improvement of $47.7 million compared to the prior year quarter.

Sphere Entertainment Co. reported a revenue increase of $144.3 million compared to the prior year quarter, with revenues totaling $273.4 million. The company's operating loss increased slightly, while adjusted operating income improved significantly.

Sphere Entertainment Co. reported a significant increase in revenue for the fiscal third quarter, driven by the Sphere segment's strong performance. The company's operating loss also improved compared to the prior year quarter.

Sphere Entertainment Co. reported fiscal 2024 second quarter results, highlighting significant revenue growth driven by the Sphere in Las Vegas. The company reported revenues of $314.2 million, an increase of $154.6 million compared to the prior year quarter. The Sphere segment achieved positive adjusted operating income in its first full quarter of operations in Las Vegas.

Sphere Entertainment Co. reported first quarter revenues of $118.0 million, a decrease of $5.1 million compared to the prior year quarter, and an operating loss of $69.8 million, an increase of $18.7 million compared to the prior year quarter.

Sphere Entertainment Co. reported a 3% increase in revenues to $363.3 million for the fiscal third quarter ended March 31, 2023. The company also reported an operating loss of $70.3 million and adjusted operating income of $19.4 million.

Madison Square Garden Entertainment Corp. reported a 36% increase in revenue to $401.2 million and an improved operating loss of $44.8 million, reflecting robust demand and successful events.

MSG Entertainment reported a significant increase in revenue and operating income for the fiscal third quarter ended March 31, 2022. Revenues increased by $245.8 million compared to the prior year quarter, with operating income of $2.0 million and adjusted operating income of $46.5 million.

MSG Entertainment reported a revenue of $294.5 million, an increase of $124.0 million compared to the prior year quarter. The company reported an operating loss of $83.3 million and adjusted operating income of $10.3 million for the fiscal 2022 first quarter.

Madison Square Garden Entertainment Corp. reported revenues of $43.1 million, a decrease of $138.8 million compared to the prior year quarter, with an operating loss of $108.6 million and an adjusted operating loss of $69.4 million.

MSG Entertainment reported a 20% decrease in revenue to $199.9 million and an operating loss of $145.5 million, which includes $102.2 million in impairment charges related to Tao Group Hospitality, due to the COVID-19 pandemic and venue closures.