FuboTV Q3 Sales $311.82M Beat $286.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
FuboTV reported Q3 sales of $311.82 million, beating the analyst consensus estimate of $286.18 million by 8.96 percent. This represents a 38.70 percent increase over the same period last year.
November 03, 2023 | 11:36 am
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FuboTV's Q3 sales exceeded analyst estimates by 8.96%, indicating strong performance.
FuboTV's Q3 sales exceeded analyst estimates, which is typically a positive signal for the company's stock. The 38.70% YoY increase further indicates strong growth, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100