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March 2, 2021, 5:22 p.m. EST

fuboTV reports first $100 million quarter

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By Jon Swartz

Shares of fuboTV Inc. /zigman2/quotes/201214080/composite FUBO -0.52% were down 3% in extended trading Tuesday after the live-sports streaming service reported spikes in quarterly revenue and subscribers. The company said fourth-quarter revenue nearly doubled, to $105.1 million, from a year ago as its number of subscribers improved 73% to 548,000. In a letter to shareholders , fuboTV said it expects sales of $101 million to $103 million in its current quarter, and subscribers of 520,000 to 530,000. FuboTV's stock is up an astounding 373% over the last 12 months. The broader S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.33% is up 29% over the past year.

/zigman2/quotes/201214080/composite
US : U.S.: NYSE
$ 21.24
-0.11 -0.52%
Volume: 12.21M
April 13, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.99 billion
Rev. per Employee
$989,755
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/zigman2/quotes/210599714/realtime
US : S&P US
4,141.59
+13.60 +0.33%
Volume: 2.06B
April 13, 2021 5:15p
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