Fubo Exceeded Q1 2023 Guidance for North America With $316.5 Million Total Revenue and 1.285 Million Paid Subscribers, Raises Full Year 2023 Guidance; Reaffirms Expected 2025 Profitability Timeline

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fuboTV Inc. (FUBO) leaps after strong revenue growth, raises subscriber outlook

May 5, 2023 1:57 PM EDT

fuboTV Inc. (NYSE: FUBO) shares surged more than 34% in Friday's session on the back of its impressive first-quarter results, which saw the company beat top and bottom-line consensus estimates.

The streaming business reported a loss per share of $0.27 in the quarter, $0.16 better than the... More