FuboTV's Q4 Adjusted Loss Narrows, Revenue Increases; Q1 Revenue Outlook Issued

MT Newswires Live
02-28

FuboTV (FUBO) reported a Q4 adjusted loss Friday of $0.02 per share, narrowing from $0.18 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of $0.13 per share.

Revenue for the quarter ended Dec. 31 was $443.3 million, compared with $410.2 million a year earlier.

Analysts polled by FactSet expected $445.8 million.

The company said it expects Q1 revenue of $400 million to $410 million from North America and $7.5 million to $8.5 million from the rest of the world. Analysts polled by FactSet expect $625.6 million in revenue.

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