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Sphere Entertainment's Wild Ride: Q3 Sales Soar, Yet Fall Short Of Expectations

Sphere Entertainment Co (NYSE:SPHR) reported third-quarter FY24 sales growth of 98% year-on-year to $321.3 million, missing the analyst consensus estimate of $324.63 million. For the third quarter, the Sphere segment reported revenues of $170.4 million, an increase of $169.7 million, as compared to the prior-year quarter. MSG Networks segment reported ...