Sphere Entertainment posts Q1 revenues of $280.6m
"We remain confident in the opportunities ahead for Sphere and our ability to drive growth this calendar year," says CEO James Dolan
News By James Hanley | 9 May 2025
Sphere Entertainment revenue reported first quarter revenues of $280.6 million (€249.3m) as CEO James Dolan gave an update on the firm’s global expansion plans. The financial results for the three-month period ending 31 March 2025 represented a decrease of $40.8m (13%) year-on-year.
Sphere Entertainment revenue reported first quarter revenues of $280.6 million (€249.3m) as CEO James Dolan gave an update on the firm’s global expansion plans.
The financial results for the three-month period ending 31 March 2025 represented a decrease of $40.8m (13%) year-on-year.
In addition, it reported an operating loss of $78.6m (Q1 ’24 losses: $40.4m), while AOI of $36m was down from $61.5m in the same period 12 months ago.
“Our Sphere segment generated positive adjusted operating income in the first quarter as we make progress on our strategic priorities for…