Shpere Entertainment gains on Q4 profit

Sphere Entertainment

22/08/2023 14:08

** Shares of Sphere Entertainment Co  SPHR.N  up 7.5% at
$39.51 in the premarket trading
    ** Co swings to a profit of $15.24/share from a loss of
$3/share in the year-ago quarter
    ** However, Q4 revenue dropped 10.7% to $129.1 mln
    ** Shares of SPHR have risen 76.96% YTD

 (Reporting by Sri Hari N S in Bengaluru)
 ((SriHari.NS@thomsonreuters.com;))