SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2024 THIRD QUARTER RESULTS
The reported financial results of the Company for the three and nine months ended March 31, 2024 reflect the Company's results on a fully standalone basis.
- The reported financial results of the Company for the three and nine months ended March 31, 2024 reflect the Company's results on a fully standalone basis.
- For the fiscal 2024 third quarter, the Sphere segment reported revenues of $170.4 million, an increase of $169.7 million, as compared to the prior year quarter.
- For the fiscal 2024 third quarter, the Sphere segment had direct operating expenses of $62.3 million, as compared to direct operating expenses of $4.4 million in the prior year quarter.
- Fiscal 2024 third quarter direct operating expenses of $91.7 million increased $2.5 million, or 3%, as compared to the prior year quarter.