fuboTV (FUBO) PT Lowered to $20 at Evercore ISI

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Go back to fuboTV (FUBO) PT Lowered to $20 at Evercore ISI

FuboTV (FUBO) Stock Sinks on Wider Loss, JPMorgan Downgrades to Neutral on Longer-Term Challenges

February 24, 2022 8:02 AM EST

Shares of FuboTV (NYSE: FUBO) are down 14% in pre-open Thursday after the company reported its Q4 results.

FuboTV reported Q4 revenue of $231.1 million, up from $105.1 million in the year-ago period and topping the consensus estimates of $213.3 million. Adjusted EBITDA loss totaled $82.6 million, up 90% YOY, and compared to the estimated loss of $66.7 million.

"fuboTV delivered a record fourth quarter and full year across a number of our key financial and operational metrics. Engagement continues to be strong as we add differentiated content to our offering and focus on innovating our product to meet... More