FUBO Stock Recent News
FUBO LATEST HEADLINES
Fubo is under threat from a potential new entrant into the sports streaming market.
The headline numbers for fuboTV (FUBO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
FuboTV's stock surges after losses narrow to just half what was expected, and revenue beat forecasts
Shares of FuboTV Inc. FUBO, +7.64% shot up 7.7% in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected and beat its subscriber guidance. The company said it continues to believe in the merits of its lawsuit against Walt Disney Co. DIS, +1.94%, Fox Corp. FOX, +1.32% and Warner Bros.
The underlying business model gives me little confidence in its prospects.
Generally speaking, undervalued stocks under $5 should be avoided. Yeah, I know that's not exactly the catchiest tagline to offer.
Fubo (FUBO) CEO David Gandler joins Diane King Hall to discuss the company's 4Q earnings. He talks about the sports streaming battle.
While the top- and bottom-line numbers for fuboTV Inc. (FUBO) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
FuboTV Inc. (FUBO) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.48 per share a year ago.
Fubo CEO David Gandler blasted a planned sports bundle backed by Disney, Fox and Warner Bros. Discovery, calling the companies a “sports cartel” engaging in “borderline racketeering.” The comments came during a conference call with Wall Street analysts to discuss fourth-quarter results. Fubo posted strong numbers in the quarter, including 1.
The sports streaming service ends the fourth quarter with 1.618 million subscribers in North America.