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許湘婷SERENEKOH
2021-03-04

Still holding onto this...

fuboTV: Bulls Lose, What’s Next?

fuboTV Inc. has only been a publicly traded entity for six months, but it has had plenty of ups and

fuboTV: Bulls Lose, What’s Next?

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Earnings per share for Q4 came in at a net loss of $2.47, far higher than the net loss of 73 cents the Street was expecting.Marketing outlays, and higher subscriber and G&A costs were responsible for the heavy losses.However, there were many positives to counter the negative bottom-line figure, according to Wedbush analyst Michael Pachter.FUBO generated quarterly revenue of $105.07 million, higher than its pre-announced range of $94–98 million and ahead of the estimates by $8.53 million.The subscriber counts also came in higher than the pre-announced figure; FUBO ended 2020 with 547,880 paid subscribers vs. the 545,000 guide and up by 73% from the same period last year. 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fuboTV: Bulls Lose, What’s Next?

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