Accel Entertainment: Q3 Earnings Snapshot
Revenue rose 15% to $262.5 million driven by popular residencies and film screenings, but operating loss increased to $129.7 million due to higher expenses, Sphere said.
6 Articles
6 Articles
Sphere Entertainment Revenue Rises on ‘The Wizard of Oz,’ Backstreet Boys Residency
Sphere Entertainment Co. reported on Tuesday (Nov. 4) that the success of The Wizard of Oz and the Backstreet Boys residency at its state-of-the-art Las Vegas venue boosted revenue and operating income — though those gains couldn’t offset a nearly $130 million operating loss in the third quarter. Sphere Entertainment generated revenue of $262.5 million, up 15% or $34.6 million, for the quarter ending Sept. 30, compared to the same period last …
Sphere Entertainment (NYSE:SPHR) Trading Up 7.3% Following Strong Earnings
Sphere Entertainment Co. (NYSE:SPHR – Get Free Report)’s share price rose 7.3% on Tuesday following a stronger than expected earnings report. The stock traded as high as $69.41 and last traded at $71.1790. Approximately 380,156 shares changed hands during trading, a decline of 58% from the average daily volume of 896,705 shares. The stock had […]
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