Point is it ain’t dead the numbers are good abs it’s headed in the right direction
this is a long bet regardless
Boiler Room: The Official Stock Market Discussion
this is a long bet regardless
FuboTV reported a record first-quarter revenue of $119.7 million, a 135% year-over-year increase, and beat the Street consensus of $103.8 million.
Subscribers in the quarter came in at 590,430, up 105% year-over-year, after adding over 43,000 net new subscribers.
Advertising revenue was up 206% year-over-year to $12.6 million. Average revenue per user was up 28% to $69.09. Advertising revenue per user was up 57% to $7.11.
This was the first time fuboTV achieved subscriber and revenue growth sequentially in any first quarter as its fourth quarter is typically its highest.
“This tells us that consumers are increasingly cutting the cord. We believe they are choosing fuboTV enticed by superior value, our year-round content offerings and a customer-centric, innovative consumer product experience relative to legacy pay TV,” said CEO David Gandler.
FuboTV sees second-quarter revenue hitting a range of $120 million to $122 million, ahead of the $98.4 million consensus estimate.
For the full fiscal year, fuboTV is estimating revenue to hit a range of $520 million to $530 million, compared to $472.6 million estimates. The new guidance represents year-over-year growth of 101% at the mid-point and is up 78% from prior guidance.
The company is forecasting subscribers to hit a range of 830,000 to 850,000 for the full fiscal year, up 53% year-over-year at the midpoint.
If they can get to a million+ sups that be huge
Subscribers in the quarter came in at 590,430, up 105% year-over-year, after adding over 43,000 net new subscribers.
Advertising revenue was up 206% year-over-year to $12.6 million. Average revenue per user was up 28% to $69.09. Advertising revenue per user was up 57% to $7.11.
This was the first time fuboTV achieved subscriber and revenue growth sequentially in any first quarter as its fourth quarter is typically its highest.
“This tells us that consumers are increasingly cutting the cord. We believe they are choosing fuboTV enticed by superior value, our year-round content offerings and a customer-centric, innovative consumer product experience relative to legacy pay TV,” said CEO David Gandler.
FuboTV sees second-quarter revenue hitting a range of $120 million to $122 million, ahead of the $98.4 million consensus estimate.
For the full fiscal year, fuboTV is estimating revenue to hit a range of $520 million to $530 million, compared to $472.6 million estimates. The new guidance represents year-over-year growth of 101% at the mid-point and is up 78% from prior guidance.
The company is forecasting subscribers to hit a range of 830,000 to 850,000 for the full fiscal year, up 53% year-over-year at the midpoint.
If they can get to a million+ sups that be huge
humminbird
Veteran
JetFueledThoughts
Superstar
Someone posted this 10-15 pages back, posting again because it’s something good to keep in mind
The rules are simple: Sideways trading plus volatility (Bear market) equals PUT profit.Already 2x'd on my WEN options, and that's with two whole months to go. Easy 5x or more when it's all said and done. 2x'd on my JNJ puts and sold at peak hours so I got out at the top. Ultimate finesse by me.Already ate and sold off my CROX puts for an easy 2x. Just in time for it to close green. God Tier is back!
ahomeplateslugger
Superstar
it was a great earnings. my avg is $33 so holding tight for a long time. it wouldn't surprise me if we sell off this pop if the market continues bleeding.
Saysumthinfunnymike
VOTE!!!
i didn't do a great deal of DD on FUBO but to me it's another example of a growth company with high potential that ran way too hot too soon but then sold off too much..
There's a lot of examples out there. it probably will sell off the gains short term but long term... remember... numbers don't fukkin lie. Great companies stay around and leg up.
There's a lot of examples out there. it probably will sell off the gains short term but long term... remember... numbers don't fukkin lie. Great companies stay around and leg up.
Rickdogg44
RIP Charmander RIP Kobe
So you do ~60 days out? ITM, ATM, or OTM when you buy the put?
Rickdogg44
RIP Charmander RIP Kobe
Lol you bought a call on Wendy I thought tho lol
I did, but I purchased while the shid was blood red. Finessed the game. Then when the shyt rockets for a day, I'mma double dip and finesse again.
ahomeplateslugger
Superstar
i thought QQQ dropping to $273 would be a reach but now it seems more realistic. gonna build my cash position to unload when it happens.
if Apple drops to $100 to fill the gap then i'm loading up.
if Apple drops to $100 to fill the gap then i'm loading up.
These shorts are hittin