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Streaming Bundle Provider Fubo TV Parting Ways With CFO Simone Nardi
Fubo TV, a provider of internet-delivered pay-TV bundles, is on the hunt for a new chief financial officer.
In an SEC filing this evening, the company said it had entered into an agreement with Simone Nardi for him to transition to an advisory role. “After successfully taking the company public on the New York Stock…
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By Dade Hayes
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2 Comments Comment on Streaming Bundle Provider Fubo TV Parting Ways With CFO Simone Nardi
Fubo TV Shares Rise On Better-Than-Expected Q1 Results, Subscriber Growth
Fubo TV stock popped more than 23% in after-hours trading after the streaming bundle purveyor reported better-than-expected revenue and subscriber gains in the first quarter.
Net losses of 59 cents a share in the period undershot Wall Street forecasts by 13 cents. The company said the figure included two cents of…
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By Dade Hayes
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Fubo TV Revenue Passes $100M For First Time In Q4, With Subscribers Approaching 550,000
FuboTV ended 2020 on an upswing, reporting $105.1 million in revenue and 547,880 subscribers to its internet-delivered pay-TV bundle.
The company reported a net loss of $167.8 million in the period. That figure as well as the revenue number — Fubo’s first quarter above $100 million — beat Wall Street analysts…
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By Dade Hayes
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Fubo TV Q2 Sales Jump From Year Ago; Sees 340,000-350,000 Subscribers In Current Quarter
Fubo TV posted revenue of $44.2 million for the three months ended in June, up 53% from the year before, and anticipates ending the current third quarter with 340,000 to 350,000 subscribers.
That would be up from the 286,126 subscribers the virtual MVPD clocked at the end of March and factors in continuing uncertainty…
FuboTV Revenue Rises 78%, With Subscriber Levels Up 37%, In Pro Forma Q1 Results
FuboTV posted a 78% rise in revenue during the first quarter, driven by growth in subscriptions, ad sales and viewing time.
The results came via a pro forma filing of results for the quarter ending March 31 by FaceBank Group, whose acquisition of Fubo closed on April 1. Shareholders have approved a proposal to change…
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By Dade Hayes
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