Sphere Entertainment reports Q2 EPS ($4.91), consensus (85c)

Reports Q2 revenue $314.2M, consensus $301.83M. CEO James Dolan said, “Sphere is a next-generation medium intended to disrupt the traditional venue model. With positive adjusted operating income at the Sphere segment in our first full quarter of operations in Las Vegas, our early results are beginning to prove that thesis, and we remain confident in the global opportunities ahead.”