fuboTV Inc. (FUBO) Q3 Revenues Beat; Reaches 1M Subscribers
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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 ESTShares 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
fuboTV Inc. (FUBO) Announces it Reached One Million Subscribers
November 9, 2021 4:20 PM ESTfuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the third quarter ended September 30, 2021. Additionally, since the quarter ended, fuboTV reached the significant milestone of one million total paid subscribers.
The company delivered triple-digit year-over-year growth during the third quarter in total paid subscribers (up 108% to 944,605), total revenue (up 156% to $156.7 million) and advertising revenue (up 147% to $18.6 million). Viewership hours reached record highs with fuboTV customers streaming 284 million hours of content during the quarter, a 113% increase year-over-year. fuboTV also added 262,884 net subscribers during the... More
