Sphere Entertainment Grateful for Dead & Co. Residency
Sphere Entertainment (SPHR) Investopedia·2024-08-15 01:48
Key Takeaways Sphere Entertainment posted a narrower-than-expected loss in its fiscal fourth quarter. Revenue more than doubled year-over-year as the Sphere opened in Las Vegas last September and contributed more than $150 million in Q4. The quarter included part of a 30-show Dead & Co. residency. Sphere Entertainment (SPHR) shares are rocking Wednesday after the iconic Las Vegas venue owner posted a narrower-than-expected loss in its fiscal fourth quarter. The company reported total revenue of $273.4 milli ...