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Benzinga
Benzinga
Business
Henry Khederian

Fubo Stock Climbs On Record Preliminary Q2 Results, Profitability Milestone

Fubo fuboTV FuboTV Inc
FuboTV

Shares of FuboTV Inc (NYSE:FUBO) are extending their rally Wednesday morning, building on strong gains from Tuesday’s after-hours session after the company announced preliminary second-quarter financial results that beat estimates.

What To Know: The sports-centric streaming platform revealed it expects North American revenue to exceed $365 million, significantly beating its earlier guidance of $345 million. Subscriber numbers also surpassed expectations, with North American paid users projected to top 1.35 million.

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