Sphere Entertainment (SPHR) shares were up 2% in recent Thursday trading after reporting its Q1 net loss widened.
The company reported a Q1 net loss Thursday of $2.27 per diluted share, wider than a loss of $1.33 a year earlier.
Analysts polled by FactSet expected a net loss of $2.18.
Revenue for the quarter ended March 31 was $280.6 million, down from $321.3 million a year earlier.
Analysts surveyed by FactSet expected $289.6 million.
Price: 29.84, Change: +0.05, Percent Change: +0.18
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.