Le Lézard
Classified in: Business
Subjects: EARNINGS, Conference Call, Webcast, Advisory

Sphere Entertainment Co. to Release Fiscal 2023 Third Quarter Results


Sphere Entertainment Co. (NYSE: SPHR) will issue a press release on Wednesday, May 10, 2023 before the market opens reporting results for its fiscal third quarter ended March 31, 2023.

On April 20, 2023, the Company completed the spin-off of its traditional live entertainment business. As a result of the timing of the spin-off, the Company's fiscal 2023 third quarter consolidated results will include the financial results of the traditional live entertainment business. In addition, on May 3, 2023, the Company completed the sale of its 66.9% majority interest in Tao Group Hospitality. As a result, Tao Group Hospitality's results will be reported as discontinued operations for all periods presented.

Since this quarter's financial results do not reflect the results of Sphere Entertainment Co. on a standalone basis, the Company will not be hosting an earnings conference call this quarter. The Company anticipates resuming conference calls beginning with its fiscal 2023 year-end earnings report, which will take place ahead of the opening of Sphere in Las Vegas.

About Sphere Entertainment Co.

Sphere Entertainment Co. is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue is currently under construction in Las Vegas. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a companion streaming service, MSG GO, delivering a wide range of live sports content and other programming. More information is available at www.sphereentertainmentco.com.


These press releases may also interest you

at 10:06
Canadian Investment Regulatory Organization Trading Halt - GXU
The following issues have been halted by CIRO Company:  GoviEx Uranium Inc. TSX-Venture Symbol: GXU All Issues: Yes Reason: Pending News Halt Time (ET): 9:57 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 10:01
UK FINANCIAL MARKETS STEADY ON ELECTION DAY: CAXTON FX EXPERTS TO STAY VIGILANT
As the UK heads to the polls today, financial markets are holding steady as forecasts predict a new Labour government. The long-anticipated shift seems imminent, with Labour maintaining a consistent 20-point lead in key polls since October 2022....

at 10:00
CLARITI STRATEGIC ADVISORStm ANNOUNCES THE ADDITION OF THREE NEW TEAM MEMBERS
Clariti Strategic Advisorstm ("Clariti") is excited to announce that our team has expanded: Tommy Lieu has joined us as a Director, Martin Jakubowski has joined us as an Associate and Aaron Veltri has joined us as an Analyst in our investment banking...

at 10:00
Westcap Announces Strategic Acquisition for Timber-Tech Truss
Westcap Mgt. Ltd. ("Westcap") is pleased to announce that its portfolio company, Timber-Tech Truss Limited Partnership ("Timber-Tech" or the "Company"), has acquired Brydon Stairs Ltd. ("Brydon"). Operating in Calgary, Alberta, in the home...

at 10:00
Prudent Growth Completes Sale of Grandfather Center in North Carolina
Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Grandfather Center property in Banner Elk, NC for $5,200,000. The 37,438-square-foot neighborhood retail center was purchased in April 2022 for...

at 09:45
Ultra Lithium Receives Cash Notice From Power Minerals Limited
Ultra Lithium Inc. ("Ultra Lithium" or the "Company") today announced it has received a cash notice ("Cash Notice") from Power Minerals Limited ("Power Minerals") for the full repayment of amounts outstanding under a convertible loan agreement...

More news about Business...


News published on and distributed by: