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Streaming Pay-TV Provider FuboTV Breezes Past Wall Street Q2 Forecasts, Stock Surges 11% After Hours

Streaming Pay-TV Provider FuboTV Breezes Past Wall Street Q2 Forecasts, Stock Surges 11% After Hours

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Streaming pay-TV provider FuboTV reported second-quarter results far better than Wall Street analysts expected, showing a gain of 91,000 subscribers compared with the year-ago quarter. Given the widespread lockdowns and closing of movie theaters and other out-of-home options in the 2020 quarter, when Covid-19 lifted most streaming players, the rise in subscribers was noteworthy. FuboTV,…

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