UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39245 SPHERE ENTERTAINMENT CO. (Exact name of registrant as specified in its charter) Delaware 84-3755 ...

Sphere Entertainment (SPHR) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Ari Danes - Investor RelationsJames Dolan - Executive Chairman & CEORobert Langer - EVP, CFO & TreasurerStephen Laszczyk - Vice PresidentJennifer Koester - President & COO Conference Call Participants Brandon Ross - Partner, Media & Technology AnalystDavid Karnovsky - Senior Research AnalystPeter Supino - MD & Senior Analyst - Media & Entertainment, Cable & TelecomPeter Henderson - AnalystDavid Joyce - Senior Equ ...

Sphere Entertainment (SPHR) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Good morning, and thank you for standing by. Welcome to the Spear Entertainment Company First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Ari Daines, Investor Relations. Please go ahead. Speaker1 Thank you. Good morning and welcome to Sphere Ent ...

Sphere Entertainment (SPHR) came out with a quarterly loss of $2.27 per share versus the Zacks Consensus Estimate of a loss of $2.48. This compares to loss of $1.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.47%. A quarter ago, it was expected that this company would post a loss of $2.15 per share when it actually produced a loss of $3.49, delivering a surprise of -62.33%.Over the last four quarters, the company has sur ...

Exhibit 99.1 SPHERE ENTERTAINMENT CO. REPORTS FIRST QUARTER 2025 RESULTS NEW YORK, N.Y., May 8, 2025 - Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the first quarter ended March 31, 2025. (1) Recent Sphere operating highlights include: For the three months ended March 31, 2025, the Company reported revenues of $280.6 million, a decrease of $40.8 million as compared to the prior year quarter. In addition, the Company reported an operatin ...

NEW YORK, May 8, 2025 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the first quarter ended March 31, 2025.(1)Recent Sphere operating highlights include: The Company announced new multi-year marketing partnerships with Pepsi and Google; Sphere in Las Vegas is on track to host multiple corporate events in the second quarter, including Hewlett Packard Enterprise for the second consecutive year; Insomniac and Tomorrowland an ...

Company Overview - Sphere Entertainment (SPHR) is expected to report a year-over-year decline in earnings, with a projected loss of $2.48 per share, reflecting a decrease of 86.5% compared to the previous year [3] - Revenues for the upcoming quarter are anticipated to be $277.07 million, down 13.8% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 2.93% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Sphere Entertainment is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +8.27% [10][11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Sphere Entertainment currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Sphere Entertainment was expected to post a loss of $2.15 per share but actually reported a loss of $3.49, resulting in a surprise of -62.33% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - In the Zacks Media Conglomerates industry, Paramount Global-B (PARA) is expected to report earnings of $0.30 per share, indicating a year-over-year decline of 51.6% [17] - Paramount Global-B's revenue is projected to be $7.1 billion, down 7.6% from the previous year [17] - The consensus EPS estimate for Paramount Global-B has been revised 1.2% higher, but a lower Most Accurate Estimate results in an Earnings ESP of -31.65%, making it difficult to predict an earnings beat [18]

I took a mostly cautious stance on Sphere Entertainment (NYSE: SPHR ) stock when I covered it last October. At the time, the stock was on a superb run, driven by the impressive early numbers and disruptive growth potential of its flagshipMuslim Farooque is a leading financial journalist and market analyst with over five years of expertise in covering the stock and cryptocurrency markets. His work has been widely featured on platforms such as Seeking Alpha, InvestorPlace, GuruFocus, BarCharts, TipRanks, and ...

Core Insights - Google has been named the official AI partner for The Wizard of Oz at Sphere, marking a significant collaboration that merges immersive entertainment with advanced technology [1][2] - The project aims to utilize generative AI to enhance the visual storytelling experience, drawing parallels to the historical impact of Technicolor in cinema [1][4] Group 1: Partnership and Technology - Google Cloud and Google DeepMind are deploying advanced AI models, including Gemini, Veo 2, and Imagen 3, to enhance the film's resolution and recreate characters [2][5] - The project is processing 1.2 petabytes of data, showcasing the extensive computational demands of creating an immersive experience [2] - Sphere's collaboration with Google is seen as a pioneering effort in the entertainment industry, pushing the boundaries of generative AI [3][5] Group 2: Technical Innovations - The use of Super Resolution technology will create ultra-crisp 16k images, essential for Sphere's high-resolution display [5] - Outpainting techniques will extend backgrounds and characters, enhancing the immersive environment for audiences [5] - Performance Generation will allow multiple characters to remain on screen longer, enhancing audience immersion [5] Group 3: Company Backgrounds - Google Cloud provides enterprise-grade solutions that facilitate digital transformation for organizations globally [6] - Sphere is redefining live entertainment with cutting-edge technologies, hosting original experiences and events [7]

Core Insights - Sphere Entertainment Co. announced two new immersive projects: The Wizard of Oz at Sphere and From The Edge, enhancing its original content slate [1][2] - The Wizard of Oz at Sphere will open on August 28, 2025, while From The Edge is set to debut in 2026 [1] Group 1: The Wizard of Oz at Sphere - The project will present the original 1939 film as a fully immersive experience, utilizing advanced technologies in collaboration with Warner Bros. Discovery, Google, and Magnopus [2] - The creative team includes notable figures such as producer Jane Rosenthal, visual effects specialist Ben Grossmann, editor Jennifer Lame, and Creative Director Zack Winokur [3] Group 2: From The Edge - Directed by Academy Award winners E. Chai Vasarhelyi and Jimmy Chin, this project will showcase premier athletes in extreme sports [4] - Filming is taking place in various locations including Jordan, Dubai, Switzerland, the Bahamas, Austin, Las Vegas, and Maui, using Sphere's proprietary Big Sky camera system [5][6] Group 3: About Sphere - Sphere is positioned as a next-generation entertainment medium, redefining live entertainment with extraordinary experiences that enhance storytelling [7] - The first Sphere venue opened in Las Vegas in September 2023, featuring cutting-edge technologies that create immersive experiences [7]