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StockNews.com
Business
Anushka Dutta

Do Investors Want to Buy fuboTV (FUBO)?

Fubo FuboTV Inc

fuboTV Inc. (FUBO) is a live TV streaming platform operator that offers live sports, news, and entertainment content globally. The company’s shares have gained 71.9% over the past three months, buoyed by its first-quarter results and raised guidance.

However, the company’s profitability is still in the red. Its trailing-12-month net income margin of negative 46.24% is significantly lower than the 2.81% industry average. Moreover, FUBO does not expect positive cash flow before 2025 based on its current operating plan.

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