Fubo Increases FY24 North America Guidance, Sees 1.725M-1.745M Paid Subscribers, Revenue Growth 18% YoY; Sees FY24 Rest Of World Paid Subscribers 395K-405K, Revenue Growth 4%
Portfolio Pulse from Benzinga Newsdesk
FuboTV has increased its FY24 guidance for North America, projecting 1.725M-1.745M paid subscribers and an 18% YoY revenue growth. For the rest of the world, FuboTV expects 395K-405K paid subscribers and a 4% revenue growth.
August 06, 2024 | 11:32 am
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FuboTV has raised its FY24 guidance for North America, expecting 1.725M-1.745M paid subscribers and an 18% YoY revenue growth. For the rest of the world, the company projects 395K-405K paid subscribers and a 4% revenue growth.
The increase in guidance for both North America and the rest of the world indicates strong growth prospects for FuboTV. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100