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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Fubo Cuts First-Quarter Loss Despite Shedding U.S. Subscribers

Fubo
Fubo rebranding spot

Fubo said it reduced its first-quarter loss despite losing about 160,000 domestic subscribers since the end of the year.

The company’s results exceeded Wall Street expectations and Fubo shares jumped 32% in midday trading Friday.

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