![]() ![]() In the first quarter, fuboTV rebrands its consumer facing products as Fubo. The trend is expected to have continued in the to-be-reported quarter. Net subscriber additions in the fourth quarter of 2022 were around 80K, driven by the company’s sports-first positioning, which differentiates fuboTV from other live TV-streaming platforms. The company closed 2022 with 1.445 million total paid subscribers, up 29% from the prior year. ROW subscribers are expected to reach 368-373 thousand in the first quarter of 2023. North America subscribers are expected to reach 1.14-1.16 million in the first quarter of 2023. The popularity of its sports-first live TV streaming platform is expected to have aided paid subscriber growth in the first quarter. Investor focus will be on paid subscriber growth, which is an important metric for fuboTV. Strength in advertising demand on the streaming platform along with strong attachment rates on value-added services, such as cloud DVR storage and the ability to stream on multiple devices is expected to have aided top-line growth in the to-be-reported quarter. Let’s see how things have shaped up prior to this announcement. ![]() The consensus mark for loss is pegged at 63 cents per share, which has remained unchanged in the past 30 days. The Zacks Consensus Estimate for first-quarter revenues is pegged at $303.8 million, indicating an increase of 25.52% year over year. Within the Rest of the World (ROW), the company forecasts first-quarter 2023 revenues in the range of $5.5-$6.5 million. Within North America, the company forecasts first-quarter 2023 revenues in the range of $295-$300 million. FUBO is set to report first-quarter 2023 results on May 5. ![]()
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