Picture of FuboTV logo

FUBO — FuboTV News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousMid CapValue Trap

FuboTV rises as Q2 preliminary results exceed analysts' expectations

** Streaming company FuboTV's FUBO.N shares rise 6% to $3.75 in premarket trading

** Company posts preliminary results and expects second-quarter North America revenue to exceed $365 million, above analysts' avg. estimates of $353.8 million - data compiled by LSEG

** FUBO's expects North America paid subscribers to exceed 1.350 million in second quarter vs prior view of was 1.240 million

** Company's net loss is expected to be about $8 million, slightly above estimates of 7.7 million

** Company is set to announce second-quarter results on August 8

** Up to last close, stock had risen 180.2% YTD

 (Reporting by Kritika Lamba in Bengaluru)

 ((Kritika.Lamba@thomsonreuters.com))

Recent news on FuboTV

See all news