Las Vegas Sphere Reports $98.4 Million Loss; CFO Quits

The Sphere in Las Vegas reported an operating loss of $98.4 million for the fiscal quarter ending Sept. 30, Sphere Entertainment Co. said this morning on an earnings call. From a report: Additionally, the company lost its chief financial officer, as Gautam Ranji has resigned, according to a Securities and Exchange Commission filing. Ranji's exit was "not a result of any disagreement with the company's independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure or internal controls," the company said in the filing.The New York Post reported Tuesday that Ranji suddenly quit after a bout of yelling and screaming from CEO James Dolan. Ranji, who had been on the job for 11 months, will be replaced on an interim basis by Greg Brunner, the company's senior vice president, according to the filing.

Read more of this story at Slashdot.