Investing.com - Fubotv reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fubotv announced earnings per share of $-0.52 on revenue of $224.8M. Analysts polled by Investing.com anticipated EPS of $-0.75 on revenue of $209.55M.
Fubotv shares are down 78.16% from the beginning of the year, still down 90.34% from its 52 week high of $35.10 set on November 4, 2021.
Fubotv follows other major Communication Services sector earnings this month
Fubotv's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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