fuboTV Inc. (FUBO) Misses Q1 EPS by 4c, Guidance Misses Consensus
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fuboTV Closed Q1 2022 with $236.7M Revenue, 1.056 Million Subscribers in North America
May 5, 2022 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the first quarter ended March 31, 2022.
fuboTVs North American (U.S. and Canada) streaming business delivered a record $236.7 million in total revenue in the first quarter, an increase of 98% year-over-year. The company also delivered solid year-over-year growth in advertising revenue (up 81% to $22.8 million) and total paid subscribers (up 81% to 1,056,245). fuboTV states its key metrics on a year-over-year basis given the seasonality of sports content.
The company also announced results for... More
