FuboTV Q4 Sales $319.31M Beat $285.54M Estimate-To The Moon - Tiger Brokers Online Investing Community - To The Moon

30
Comment
Favorite

FuboTV Q4 Sales $319.31M Beat $285.54M Estimate

Tiger Newspress2023-02-27

FuboTV reported quarterly sales of $319.31 million which beat the analyst consensus estimate of $285.54 million by 11.83 percent. This is a 38.20 percent increase over sales of $231.06 million the same period last year.

FuboTV Shares jumped 5.6% after earnings beat.Net losses widened to $141.1 million, or 76 cents a share, from $111.8 million, or 76 cents a share, in the year-ago period, while shares outstanding increased to about 200.1 million from 148.1 million.

Excluding nonrecurring items, the adjusted per-share losses narrowed to 39 cents from 50 cents and beat the FactSet loss consensus of 71 cents. Revenue grew 38.2% to $319.3 million, above the FactSet consensus of $285.6 million, while full-year revenue of $1.01 billion was up 58.0% from 2021.

The company ended 2022 with a record 1.445 million subscribers in North America, and 420,000 subscribers outside of North America. The company expects first-quarter revenue of $295 million to $300 million in North America $(NA)$ and $5.5 million to $6.5 million in the rest of the world (ROW), and NA subscribers of 1,140 to 1,160 and ROW subscribers of 368 to 373.

The stock has dropped 14.1% over the past three months through Friday, while the S&P 500 has slipped 1.4%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

30

Report

Comment

empty

No comments yet

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1135607696?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-02-27 20:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1135607696","market":"us","top_or_hot":-1,"title":"FuboTV Q4 Sales $319.31M Beat $285.54M Estimate","media":"Tiger Newspress","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/FUBO\">FuboTV</a> reported quarterly sales of $319.31 million which beat the analyst consensus estimate of $285.54 million by 11.83 percent.  This is a 38.20 percent increase over sales of $231.06 million the same period last year.</p><p>FuboTV Shares jumped 5.6% after earnings beat.<img src=\"https://static.tigerbbs.com/7db64244eb761fad4a367819117cec4e\" tg-width=\"840\" tg-height=\"663\" referrerpolicy=\"no-referrer\"/>Net losses widened to $141.1 million, or 76 cents a share, from $111.8 million, or 76 cents a share, in the year-ago period, while shares outstanding increased to about 200.1 million from 148.1 million. </p><p>Excluding nonrecurring items, the adjusted per-share losses narrowed to 39 cents from 50 cents and beat the FactSet loss consensus of 71 cents. Revenue grew 38.2% to $319.3 million, above the FactSet consensus of $285.6 million, while full-year revenue of $1.01 billion was up 58.0% from 2021. </p><p>The company ended 2022 with a record 1.445 million subscribers in North America, and 420,000 subscribers outside of North America. The company expects first-quarter revenue of $295 million to $300 million in North America <a href=\"https://laohu8.com/S/NA\">$(NA)$</a> and $5.5 million to $6.5 million in the rest of the world (ROW), and NA subscribers of 1,140 to 1,160 and ROW subscribers of 368 to 373. </p><p>The stock has dropped 14.1% over the past three months through Friday, while the S&amp;P 500  has slipped 1.4%.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FuboTV Q4 Sales $319.31M Beat $285.54M Estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuboTV Q4 Sales $319.31M Beat $285.54M Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n2023-02-27 20:10 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FuboTV reported quarterly sales of $319.31 million which beat the analyst consensus estimate of $285.54 million by 11.83 percent.  This is a 38.20 percent increase over sales of $231.06 million the ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FUBO","symbol_name":"fuboTV Inc.","start_time":0,"source_url":"","article_id":"1135607696","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135607696","pubTimestamp":1677499824,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"FuboTV reported quarterly sales of $319.31 million which beat the analyst consensus estimate of $285","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FUBO":"fuboTV Inc."},"translate_title":"富波电视第四季度销售额3.1931亿美元，超过2.8554亿美元的预期","themeId":"768868217a8a42b8834d60b34fc824ad","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FUBO":0.9},"content_text":"FuboTV reported quarterly sales of $319.31 million which beat the analyst consensus estimate of $285.54 million by 11.83 percent.  This is a 38.20 percent increase over sales of $231.06 million the same period last year.FuboTV Shares jumped 5.6% after earnings beat.Net losses widened to $141.1 million, or 76 cents a share, from $111.8 million, or 76 cents a share, in the year-ago period, while shares outstanding increased to about 200.1 million from 148.1 million. Excluding nonrecurring items, the adjusted per-share losses narrowed to 39 cents from 50 cents and beat the FactSet loss consensus of 71 cents. Revenue grew 38.2% to $319.3 million, above the FactSet consensus of $285.6 million, while full-year revenue of $1.01 billion was up 58.0% from 2021. The company ended 2022 with a record 1.445 million subscribers in North America, and 420,000 subscribers outside of North America. The company expects first-quarter revenue of $295 million to $300 million in North America $(NA)$ and $5.5 million to $6.5 million in the rest of the world (ROW), and NA subscribers of 1,140 to 1,160 and ROW subscribers of 368 to 373. The stock has dropped 14.1% over the past three months through Friday, while the S&P 500  has slipped 1.4%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":30,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}