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Sphere Entertainment reports Q1 revenue $280.6M, consensus $284.41M

Reports Q1 adjusted operating income $36.0M vs. $61.5M last year. CEO James Dolan said, “Our Sphere segment generated positive adjusted operating income in the first quarter as we make progress on our strategic priorities for the business. We remain confident in the opportunities ahead for Sphere and our ability to drive growth this calendar year.”

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