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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Is FuboTV a Stock You Should Bet on in 2023?

Global live TV streaming platform fuboTV Inc. (FUBO) operates in the United States, Canada, France, and Spain. In the third quarter, the company reported higher-than-expected EPS and revenue. Its revenue came 5.4% above the consensus estimate, while its loss per share came to $0.10 lower than expected.

FUBO’s North America Streaming subscribers rose 31% year-over-year to a record high of 1,231k in the third quarter. Its subscription ARPU rose 4% from the prior-year period to $64.15. On the other hand, its Advertising ARPU declined 12% year-over-year to $7.37. Its Total ARPU increased 2% year-over-year to $71.52.

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