FuboTV Q2 Adj EPS $(0.12) Beats $(0.23) Estimate, Sales $312.74M Beat $301.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
FuboTV reported Q2 losses of $(0.12) per share, beating the analyst consensus estimate of $(0.23) by 47.83%. This is a 73.33% increase over losses from the same period last year. The company also reported quarterly sales of $312.74 million, beating the analyst consensus estimate of $301.93 million by 3.58%. This is a 40.94% increase over sales from the same period last year.
August 04, 2023 | 3:17 pm
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FuboTV's Q2 results exceeded analyst expectations, with losses per share and sales both improving significantly compared to the same period last year.
FuboTV's better-than-expected Q2 results, with a significant reduction in losses and an increase in sales, indicate a strong financial performance. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
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