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FuboTV Tops Wall Street Estimates For Q4, Passing 1M Subscribers, But Shares Slip On Outlook For “Softer” Q1

FuboTV Tops Wall Street Estimates For Q4, Passing 1M Subscribers, But Shares Slip On Outlook For “Softer” Q1

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FuboTV exceeded Wall Street estimates for the fourth quarter, with revenue more than doubling from the year-ago period to $231.1 million and net losses coming in at 57 cents a share. The losses widened from 39 cents in the 2020 quarter. The streaming pay-TV outlet reached 1.1 million subscribers in the period ending December 31,…

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