fuboTV Inc. (FUBO) Acquires Molotov SAS for EUR 164.3M Cash and Stock

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Go back to fuboTV Inc. (FUBO) Acquires Molotov SAS for EUR 164.3M Cash and Stock

Reddit Favorite fuboTV (FUBO) Shares Fall 17% on Mixed Q3 Results, Molotov SAS Deal Yields a Less Clear Path to Profitability Says Analyst

November 10, 2021 9:52 AM EST

Shares of FuboTV (NYSE: FUBO) are down nearly 17% after the company reported mixed Q3 results.

FuboTV reported Q3 EPS of ($0.74) to miss on the analyst estimate of ($0.63). Revenue for the quarter came in at $156.7 million versus the consensus estimate of $143.42 million. The company said that it now serves one million total paid subscribers.

fuboTVs record third quarter 2021 results again showcase consistent strong execution in support of our company mission and continued traction towards our long-term... More