Streetbeat News

Earnings

FUBO

FuboTV reported Q3 adjusted EPS of $(0.22), beating the estimate of $(0.32) by 31.25%. This is a 57.69% increase over losses from the same period last year. The company also reported quarterly sales of $311.82M, beating the estimate of $286.18M by 8.96%, a 38.70% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:46 am

FUBO

FuboTV reported Q3 2023 results with North American subscribers reaching an all-time high of 1.477 million, surpassing the guidance of 1.337 million. North American revenue grew by 43% to $313 million, exceeding the guidance of $275 million. The company also reported a gross margin of 6%, a year-over-year improvement of 884 bps, and a 17% year-over-year increase in North American ARPU to $83.51.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:45 am

TDS

Telephone and Data (NYSE:TDS) reported Q3 losses of $(0.16) per share, missing the analyst consensus estimate of $(0.11) by 45.45%. This is a 27.27% increase over losses from the same period last year. The company also reported quarterly sales of $1.28 billion, missing the analyst consensus estimate by 0.16%. This is an 8.19% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:42 am

FUBO

FuboTV has raised its FY23 revenue guidance from $1.26B-$1.28B to $1.319B-$1.324B, surpassing the $1.3B estimate. The company also increased its paid subscribers guidance from 1.565M-1.585M to 1.584M-1.599M, indicating a 10% YoY growth.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:39 am

USM

United States Cellular reported Q3 2023 results, with postpaid ARPU growing 2% YoY, fixed wireless customers increasing by 57% to 106,000, and tower rental revenues growing by 8%.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:39 am

TW

Tradeweb Markets has reported a total trading volume of $37.2 trillion for October 2023. The average daily volume for the month was $1.75 trillion, marking an increase of 66.3% year-on-year.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:38 am

USM

United States Cellular (NYSE:USM) reported Q3 earnings of $0.26 per share, beating the analyst consensus estimate of $0.05 by 420%. However, the company's quarterly sales of $963.00 million missed the analyst consensus estimate of $1.00 billion by 3.70%.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:37 am

FUBO

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.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:36 am

CBOE

Cboe Global Markets has reaffirmed its high end of organic total net revenue growth range of 7-9 percentage points for 2023. The company has also decreased its adjusted operating expense outlook to $754M-$762M.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:35 am

AAPL

QQQ

SPY

The market mood has turned cautious after Apple's disappointing guidance, with traders likely taking profits. Most other earnings reports have been better than expected. The extended slide in bond yields and positive earnings reports served as upside catalysts. The S&P 500 Index rose by the most since April. In premarket trading on Friday, the SPDR S&P 500 ETF Trust slipped 0.16% and the Invesco QQQ ETF fell 0.40%. Apple shares fell over 3% in premarket trading following the company’s first-quarter guidance for flat revenue performance.

Portfolio Pulse from Shanthi Rexaline

November 03, 2023 | 11:35 am