Form 8-K fuboTV Inc. /FL For: Mar 01
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fuboTV Inc. (FUBO) stock surges as earnings, revenue surpass expectations
March 1, 2024 8:37 AM ESTfuboTV Inc. (NYSE: FUBO) shares soared 16.91% following the company's fourth-quarter results, which surpassed analyst expectations on both earnings and revenue fronts. The company reported an adjusted EPS of -$0.17, significantly beating the analyst consensus of -$0.31. Revenue for the quarter also exceeded forecasts, coming in at $410.2 million against the expected $397.66 million.
The streaming service experienced robust growth, with a 12% increase in paid subscribers YoY, ending the quarter with 1.618 million. Total revenue... More
