Sphere Entertainment Co. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 314.16 million compared to USD 159.54 million a year ago. Net loss was USD 173.25 million compared to net income of USD 67.58 million a year ago. Basic loss per share from continuing operations was USD 4.91. Diluted loss per share from continuing operations was USD 4.91. Basic loss per share was USD 4.91 compared to basic earnings per share of USD 1.95 a year ago. Diluted loss per share was USD 4.91 compared to diluted earnings per share of USD 1.95 a year ago.
For the six months, sales was USD 432.16 million compared to USD 282.67 million a year ago. Net loss was USD 106.82 million compared to net income of USD 22.83 million a year ago. Basic loss per share from continuing operations was USD 3.02. Diluted loss per share from continuing operations was USD 3.02. Basic loss per share was USD 3.04 compared to basic earnings per share of USD 0.66 a year ago. Diluted loss per share was USD 3.04 compared to diluted earnings per share of USD 0.66 a year ago.