IQ Magazine (05/09/25) Hanley, James
Sphere Entertainment posted first-quarter revenues of $280.6 million, down $40.8 million year over year. Additionally, the company registered a quarterly operating loss of $78.6 million. "Our Sphere segment generated positive adjusted operating income in the first quarter as we make progress on our strategic priorities for the business," states CEO James Dolan. "We remain confident in the opportunities ahead for Sphere and our ability to drive growth this calendar year." He went on to reference upcoming concert runs by Kenny Chesney and the Backstreet Boys among his signs of optimism.
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