Sphere Entertainment Co. shares spiked 22.3% this week after the company’s fiscal fourth-quarter earnings on Wednesday (Aug. 14) showed that the Las Vegas venue brought in $151 million in the quarter and $489 million in its first three full quarters of operation. Total revenue of $273 million — a figure that includes MSG Networks — was in line with analyst estimates while earnings per share beat estimates. During Wednesday’s earnings call, CEO James Dolan said the company is learning how to get the most out of the $2.3 billion venue with not just concerts but corporate and sporting events and Sphere’s current cash c
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