This morning, Netflix reported its financial results for its fiscal Q1 2022. Why Is Everyone Talking About fuboTV Stock? The Motley Fool recommends fuboTV, Inc. With fuboTV's losses continuing, investors are perhaps foreseeing that the company might need to sell yet more shares to sustain this level of growth. quotes delayed at least 15 minutes, all others at least 20 minutes. The live streaming platform FuboTV (NYSE:FUBO) is suffering losses today seemingly as a reaction to Netflixs (NASDAQ:NFLX) recent earnings report. Shares of fuboTV ( FUBO 4.59%) were falling today after the sports-focused streaming service issued disappointing guidance in its fourth-quarter Get these newsletters delivered to your inbox & more info about our products & services. Its another down day for the stock market, with most major indices losing around 1% as of early afternoon trading. 1 Stunning Growth Stock to Buy Before It Soars 165%, According to Wall Street, 2 Beaten-Down Growth Stocks to Avoid Like the Plague in April. Fubo is our other recommendation here because it has a ton of sports coverage, and all three of the above channels. To make the world smarter, happier, and richer. NYSE:FUBO fuboTV - FUBO News Today $1.27 +0.10 (+8.55%) (As of 04/11/2023 03:28 PM ET) As of 1 p.m. Eastern, FUBO stock is down more than 10% as investors price in poor tech earnings and continued Fedspeak. Interestingly, theres little news to speak of when it comes to FuboTV today. SoFis guidance raise to a range of $1.955 billion to $2.02 billion up from $1.925 billion to $2 billion was very slight. Export data to Excel for your own analysis. *Average returns of all recommendations since inception. Make more money in stocks with 2 months of access to IBD Digital for only $20! JPMorgan Rescues First Republic. Instead, the issues arise from fuboTV's profit margins -- or lack thereof. That's up from 44.2 million at the same time last year. Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. For Simply Wall St. Great news for fuboTV Inc. (NYSE:FUBO): Insiders If You Do This, You Won't Have to Worry About Them, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research. For context, despite concerns of waning demand, Wall Street still expected Netflix to experience a net gain of around 2.5 million customers. Fubo is our other recommendation here because it has a ton of sports coverage, and all three of the above channels. On the stock market today, FuboTV stock dropped 23.1% to close at 25.47. Additionally, it has raised $71.8 million by selling shares of its stock to the public. Asian shares are trading mostly lower as worries about the health of global economies grew after a tumble on Wall Street, despite some better-than-expected Should You Be Too? We track news headlines from hundreds of news outlets and tag them by company. Copyright MULN Stock Alert: UNC Charlotte Orders Mullen Vans, Stock Market Crash Alert: Mark Your Calendars for May 3. But its shares pulled back from that resistance level. All rights reserved. Nvidia Touts Metaverse Avatars, Simulation Technologies, Roblox Stock Rockets After Game Firm Reports Strong Third Quarter, Best Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists, Find Winning Stocks With MarketSmith Pattern Recognition & Custom Screens, See Stocks On The List Of Leaders Near A Buy Point. Shares of fuboTV ( FUBO 3.57%) have been on a rollercoaster since the company launched its initial public offering (IPO) in early October. With each new subscriber, fuboTV needs to pay media companies like Disney. However, one of todays biggest movers to the That's what makes a market, after all. Fubo is best known for its live TV offerings, including sports, news and entertainment. 6, 2023 at 9:55 a.m. Get short term trading ideas from the MarketBeat Idea Engine. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. FuboTV outages reported in the last 24 hours This chart shows a view of problem reports submitted in the past 24 hours compared to the typical volume of Seamus Power odds to win the 2023 THE PLAYERS Championship, How to watch Basketball Wives episode 18: Time, TV, free live stream, fuboTV Inc. (NYSE:FUBO) Q4 2022 Earnings Call Transcript, Steer Clear of fuboTV Until This Starts Happening, Indie Green-Themed Network EarthXTV Lands Carriage on FuboTV's Base Tier, fuboTV Adds Environmental Network EarthxTV to Base Subscription Package, Barrington Reaffirms Their Hold Rating on fuboTV (FUBO), Nexstar Exec on Why Broadcasters Balked at CBS Terms for Pact With Sports Streamer FuboTV, If You Have Not Sold fuboTV by Now, You Might as Well Hold, fuboTV Inc.'s (NYSE:FUBO) 17% loss last week hit both individual investors who own 43% as well as institutions, fuboTV (FUBO) Q4 2022 Earnings Call Transcript. Investors who already purchased fubo stock, or those who are looking into it after the recent drop, should read the short report. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/why-is-fubotv-fubo-stock-down-today/. Image source: Getty Images. Note that with more shares outstanding, a company's profits are split more broadly. All rights reserved. Cost basis and return based on previous market day close. The information and content are subject to change without notice. FuboTV investors have yet to realize that "the emperor has no clothes," the report said. 2. fuboTV's net losses are diluting shareholders. contact@marketbeat.com Can Earnings Recharge Electric Vehicle Stocks? fuboTV MarketRank Forecast Analyst Rating Hold 2.29 Rating Score Upside/ Downside 325.4% Upside $4.85 Price Target Short Interest Bearish 20.64% of Let's look closer at two reasons the market is concerned about fuboTV. Shares of FuboTV ( FUBO) are plunging in todays session, with FUBO stock down more than 10%. This move appears to reflect worsening sentiment around speculative growth stocks. Additionally, poor tech earnings have left a sour taste in investors mouths, with many hitting the ask today. It's always beneficial to see both sides of an argument about an investment. Ownership data provided by Refinitiv and Estimates data provided by FactSet. Get daily stock ideas from top-performing Wall Street analysts. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Bank Failures Widen. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. What happened Shares of fuboTV ( FUBO -3.97%) dropped more than 10% Monday, but According to analysts' consensus price target of $4.85, fuboTV has a forecasted upside of 325.4% from its current price of $1.14. fuboTV has only been the subject of 3 research reports in the past 90 days. fuboTV, Inc. operates as a sports-first, live TV streaming company. Why Is Everyone Talking About fuboTV Stock? Those are heavy losses. 2023 InvestorPlace Media, LLC. But that should come after they have read the other opinions and thought through all the factors making up the growth story. However, where investors are raising concern is the cost of that growth. To sustain those losses, fuboTV is tapping capital markets and raising money. 0.58Average Consumer Discretionary News Sentiment. Under the Inflation Reduction Act, the Centers for Medicare and Medicaid Services will begin negotiating the prices of the most expensive medicines the agency buys. In the most recent nine months ended Sept. 30, the company raised $389.5 million in cash by selling convertible notes. Copyright, Trademark and Patent Information. Yet again, thats set to come in below analysts revenue estimate of $88.29 million for the period. Wall Street had predicted sales of $179.6 million in the fourth quarter, FactSet said. See what's happening in the market right now with MarketBeat's real-time news feed. As a result, fuboTV had $398.5 million in cash at the end of its third quarter. Get market updates, educational videos, webinars, and stock analysis. SOFI stock is exemplifying that today. Learn More. The excellent news for fuboTV is that these costs are getting smaller as a percent of revenue as the company grows. The sportsbook service is integrated with the company's live-TV service on mobile devices. To make the world smarter, happier, and richer. On Monday, the stock is off another 11% as of 10:05 a.m. EST, bringing its recent decline to more than 35%. Investors who have done the research and believe in the long-term story should consider the drop an opportunity. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Learn how to trade stocks like a pro with just 3 email lessons! Netflix, was, perhaps as expected, the worse casualty of its earnings call. The firm raised doubts about whether the company could make a viable business out of its money-losing multichannel video service and subscale sports-betting product. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Sign up to receive the latest news and ratings for FUBO and its competitors with MarketBeat's FREE daily newsletter. To see all exchange delays and terms of use please see Barchart's disclaimer. Shreys articles have featured in the likes of Morning Brew, Real Clear Markets, the Downline Podcast, and more. Shares of the pharmaceutical giant AbbVie ( ABBV 1.51%) fell by as much as 9% in early morning trading Thursday. On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Identify stocks that meet your criteria using seven unique stock screeners. In other news, FuboTV announced a deal to buy Molotov, France's leading live-TV streaming platform, for about $190 million. To sustain those losses, fuboTV is tapping capital markets and raising money. Fubo Becomes Streaming Leader in Baseball Coverage With MLB.TV Content Partnership, Investors Purchase High Volume of fuboTV Put Options (NYSE:FUBO), FuboTV Rebrands as Fubo, Launches Ad Campaign Co-Produced by Ryan Reynolds Maximum Effort Productions Featuring Kevin Garnett and Mark Sanchez, Down -53.39% in 4 Weeks, Here's Why You Should You Buy the Dip in fuboTV Inc. (FUBO). fuboTV (FUBO) Set to Announce Earnings on Friday - MarketBeat S&P 500 4,135.35 DOW Stocks are for suckers try this instead (Ad) Stocks are for suckers try this instead (Ad) [BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad) Stocks are for suckers try this instead (Ad) Stocks are for suckers try this instead (Ad) Making the world smarter, happier, and richer. The company had slightly more than 300,000 subscribers in 2019, but it was up to 455,000 paid subscribers as of the quarter ended Sept. 30, representing a 58% gain over the prior-year period. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. WebFuboTV Inc. (FUBO) closed at $1.14 in the latest trading session, marking a -1.72% move from the prior day. Additionally, the company projects it will drop an additional 2 million customers in Q2 of this year. It's losing money at a rapid rate and keeps raising capital that is diluting shareholders. Analysts expected FuboTV to add 137,000 new subscribers in the third quarter for a total of 817,000 subscribers, according to FactSet. FuboTV lost 74 cents a share on sales of $156.7 million in the third quarter. Making the world smarter, happier, and richer. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? American Consumer News, LLC dba MarketBeat 2010-2023. Is United Airlines Playing a Game of Limbo with Its Guidance? Our daily ratings and market update email newsletter. Warner Bros. Good News for Fubo Stock: Alphabet Raising Prices on YouTubeTV, Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. analyst said the $40 stock is only worth $8. Shares of fuboTV (FUBO 9.65%) have been on a rollercoaster since the company launched its initial public offering (IPO) in early October. In fact, streaming services are down across the board today as investors express fear over a potential streaming service slump. FUBO News Today | Why did fuboTV stock go up today? View which stocks are hot on social media with MarketBeat's trending stocks report. Could Government Drug-Price Negotiations Sound The Death Knell For Biotech Stocks? Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. But losses continue too, meaning the company may need to raise more money. Among those leading the decline is FuboTV (NYSE:FUBO), sinking on news that the streaming platform was In a report Tuesday, LightShed Partners slammed FuboTV stock. For the quarter, fuboTV lost $106 million on the bottom line. Netflix reported losing 200,000 customers in the first quarter, marking the first time the company reported a net loss since 2011. Reasonably so, as Netflix has consistently enjoyed user gains of 25 million subscribers per year. The end game for FuboTV executives likely is to "sell the company before everyone realizes how bad the underlying financial story actually is," LightShed analysts said. However, some stocks are down worse than others. Follow Patrick Seitz on Twitter at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks. The live streaming platform FuboTV (NYSE: FUBO) is suffering losses today seemingly as a reaction to Netflixs (NASDAQ: NFLX) recent earnings report. Here's Why fuboTV Inc. (FUBO) Is a Great 'Buy the Bottom' Stock Now Apr. *Real-time prices by Nasdaq Last Sale. Get fuboTV News Delivered to You Automatically. Notably, the stock was actually up in pre-market trading as it beat estimates in its fourth-quarter earnings report, but the other updates spoiled those gains. As of 1:32 p.m. ET, the stock was down 11.9%. fuboTV got a lift in the fourth quarter from the FIFA World Cup as revenue jumped 38% to $319.3 million, which beat estimates at $285.6 million. Can Fubo TV Survive Its Most Recent Slump? *Average returns of all recommendations since inception. On the stock market today, FuboTV stock dropped 23.1% to close at 25.47. Realtime quote and/or trade prices are not sourced from all markets. Each headline receives a score ranging from 2 (good news) to -2 (bad news). WebFUBO fuboTV Inc 62,776 Watch Buy $1.14 $0.05 (4.59%) Today $1.15 0.01 (0.88%) After Hours Market Cap $239.05M Volume (M) 9.97M 52-Wk High $8.14 52-Wk Low $0.96 As you might imagine, investors havent been kind to Netflix stock today. Real-time analyst ratings, insider transactions, earnings data, and more. The Motley Fool owns shares of and recommends Walt Disney and fuboTV, Inc. TRENDING: Amazon Leads 5 Stocks Near Buy Points Post-Earnings. Subscriber-related expenses were 100% of revenue in Q3 last year and 122% two years ago. But the sharp share price increase has also driven the valuation to lofty levels. Revenue and subscribership saw rapid growth in the latest quarter. After bouncing off recent lows, the stock went back down today. For instance, a hypothetical $100 million in net profit would come to $2.26 in earnings per share at 44.2 million shares outstanding. That's nearly twice as much as the $72 million it lost in the same time last year. During the regular session Tuesday, FuboTV stock slipped 1.6% to close at 33.13. The business itself is showing strong growth. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 2000-2023 Investor's Business Daily, LLC. Discovery (NASDAQ:WBD), Roku (NASDAQ:ROKU) and Disney (NYSE:DIS) are all well in the red today. Still, these are variable costs, meaning they increase with each additional subscriber, so it doesn't scale as well as fixed costs, which stay the same regardless of customer or revenue growth. Good News for Fubo Stock: Alphabet Raising Prices on YouTubeTV, Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. For the current quarter, FuboTV forecast revenue of $207.5 million, up 97% year over year. Indeed, In the most recent nine months The sports streaming substitute for cable TV is gaining traction with consumers, but that's not the problem for investors. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The drop gained momentum late last week after an analyst said the $40 stock is only worth $8. Even after the 35% drop, the stock has a market capitalization of almost $3 billion, giving it a current price-to-sales ratio of more than 12. With Fed Decision Looming, Economy and Markets Wait Google Stock Concerned About AI? FuboTV (FUBO) shares tumbled Wednesday even though the sports-focused streaming video service smashed analyst estimates for new subscribers in the third quarter. No doubt, that's impressive growth. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Authors may own the stocks they discuss. With degrees in economics and journalism, Shrey Dua leverages his ample experience in media and reporting to contribute well-informed articles covering everything from financial regulation and the electric vehicle industry to the housing market and monetary policy. After spiking more than 400%, the stock has been tumbling the last several trading sessions. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The stock has fallen more than 25% since the earnings announcement. Sign up for free today. The New York City-based company late Tuesday said it added 262,884 subscribers in the September quarter, ending the period with 944,605 total subscribers. Learn More. Cost basis and return based on previous market day close. Invest better with The Motley Fool. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. LightShed analysts also said that FuboTV is overpaying for sports rights. The same net profit would come to just $0.70 per share with 142.5 million shares outstanding. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, fuboTV (FUBO) Set to Announce Earnings on Friday, Fubo Announces 2023 Season Partnership With Boston Red Sox, Orioles play the Tigers leading series 2-1, How to Watch the Baltimore Orioles vs. Detroit Tigers - MLB (4/30/23) | Channel, Stream, Preview, How to watch Seattle Sea Dragons vs. D.C. Defenders: XFL Division Championships time, TV, stream, fuboTV Inc. (NYSE:FUBO) Receives $4.85 Average PT from Analysts, Great news for fuboTV Inc. (NYSE:FUBO): Insiders acquired stock in large numbers last year, Farmer Wants a Wife season 1 episode 7: How to watch for free (4/19/23), Fubo Announces Inducement Grants Under NYSE Listing Rule 303A.08, Rayo Vallecano vs Barcelona: times, how to watch on TV, stream online | LaLiga, Manchester City vs Arsenal: times, how to watch on TV, stream online | Premier League, Napoli vs. AC Milan odds, picks and predictions, Heres how the top runners from Mass. The costs are adding up, and in the nine months ended Sept. 30, fuboTV lost $143 million in cash from operations. The Motley Fool has a disclosure policy. Nasdaq On an adjusted basis, FuboTV lost 59 cents a share, compared with a loss of $1.08 in the year-earlier period. NFLX stock is down nearly 40% this morning as investors consider the implications of a reversal of streaming service popularity. Discovery, Fox and fuboTV, Traders Purchase Large Volume of Put Options on fuboTV (NYSE:FUBO), fuboTV Inc. (NYSE:FUBO) Receives $4.85 Consensus Price Target from Brokerages, Insider Selling: fuboTV Inc. (NYSE:FUBO) Insider Sells $87,206.04 in Stock, How to stream every out-of-market MLB game on FuboTV this season (free trial), Tyler Perrys Assisted Living season 4 episode 2: How to watch for free (3/29/23), Farmer Wants a Wife season 1 episode 4: How to watch for free (3/29/23), Play Ball! Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Investors have been holding their breath as analysts forecasted a second potentially detrimental quarter for one of the original streaming services. What happened. Unfortunately, Netflix managed to fall behind even bearish forecasts for its earnings. The firm issuing the short call is LightShed Partners, led by Richard Greenfield. 5 Hypergrowth Stocks With 10X Potential in 2023, Even if Block Beats on Earnings, Stay Away From SQ Stock, Louis Navellier and the InvestorPlace Research Staff, Rare Stock Indicators Show the Market Is About to Skyrocket, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting. Analysts were targeting 927,000 subscribers. 1125 N. Charles St, Baltimore, MD 21201. LightShed says fuboTV stock is the "most compelling short" it has discovered, and that the previous run-up in the share price was "egregious," as reported by Barron's. After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. On Nov. 4, FuboTV stock flirted with a buy point of 35.19 out of an 18-week consolidation period, according to IBD MarketSmith charts. That's based on the midpoint of its outlook. fuboTV (FUBO 9.65%) reported third-quarter earnings on Nov. 9 that disappointed investors -- and the stock has since slumped over 25%. In-depth profiles and analysis for 20,000 public companies. Fubo is slipping as part of Netflix-induced streaming slump. performed in the Boston Marathon, Seeking Brother Husband season 1 episode 4: How to watch for free (4/16/23), Chivas Guadalajara vs Cruz Azul: times, how to watch on TV and stream online | Clausura 2023, How to watch Manchester City vs. Leicester City: Time, TV channel, free live stream, Cleveland Heights resident to compete on Jeopardy! tonight, How to Watch: Florida gymnastics in NCAA Championships Semifinals, How to watch Celtics vs. Hawks NBA Playoffs Game 1: Live stream info, TV channel, game time, Jersey Shore: Family Vacation season 6, episode 12: How to watch for free (4/13/23), Why Netflix, Roku, and FuboTV Surged Today, Fubo to Announce Q1 2023 Financial Results on May 5, 2023, Tyler Perrys Assisted Living season 4 episode 4: How to watch for free (4/12/23), Tyler Perrys House of Payne season 12 episode 4: How to watch for free on BET (4/12/23), Farmer Wants A Wife season 1 episode 6: How to watch for free (4/12/23), Here's Why fuboTV Inc. (FUBO) Is a Great 'Buy the Bottom' Stock Now, Zacks Industry Outlook Highlights Warner Bros. Fubo starts at $75 per month, though FuboTV stock sank more than 20% after the company posted a bigger loss than expected. 1 Stunning Growth Stock to Buy Before It Soars 165%, According to Wall Street, 2 Beaten-Down Growth Stocks to Avoid Like the Plague in April. Howard Smith has no position in any of the stocks mentioned. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. How to watch King Charles III's coronation without going to The Motley Fool has a disclosure policy. Netflixs massive earnings loss has had iterative effects on the market. During the regular session Tuesday, FuboTV stock slipped 1.6% to close at 33.13. After spiking more This means that fuboTV's share count is rising. Tesla Continues to Defy Expectations, Is it Buyable Again? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. If You Do This, You Won't Have to Worry About Them, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. On the positive side, fuboTV saw revenue jump 156% to $157 million in the latest quarter over the year-ago period. After the quarter ended, FuboTV crossed the milestone of 1 million subscribers. Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? Learn about the media coverage comparison. Please log in to your account or sign up in order to add this asset to your watchlist. Amazon Leads 5 Stocks Near Buy Points Post-Earnings, Fubotv Earns Relative Strength Rating Upgrade, Fubotv Hits 80-Plus Relative Strength Rating Benchmark, Stock Upgrades: Fubotv Shows Rising Relative Strength, Fubotv Shows Improved Relative Strength; Still Shy Of Benchmark, Sports-Centric Live TV Streamer FuboTV Scores Big Second-Quarter Beat, Dow Jones Futures: $1.2 Trillion Infrastructure Bill Lifts Dow, S&P 500 To Highs As Micron Hits Growth; IPOs Upstart, FuboTV Are Big Earnings Movers. Ahead of Fubos May 5 earnings call it seems investors are preparing for near universal subscriber drops. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. (844) 978-6257. ET on Zacks.com fuboTV Inc. (FUBO) Loses -33.93% in 4 Weeks, (SecondSide/stock.adobe.com). Wall Street had predicted a loss of 61 cents a share on revenue of $143.5 million, FactSet said. FuboTV expects to end the year with 1.06 million to 1.07 million subscribers. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. On Nov. 3, FuboTV launched Fubo Sportsbook, an online betting service, in the U.S., starting with Iowa. Get access to free IBD eventsonline & in-person! Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Invest better with The Motley Fool. The bulk of those costs was subscriber-related expenses (at 91.5% of revenue). As of Sept. 30, it had 142.5 million shares outstanding. So despite fuboTV's impressive revenue growth, the market seems to believe that a positive and growing bottom line remains key. 326 E 8th St #105, Sioux Falls, SD 57103 Privacy Policy & Terms of Use. Want to learn more about investing? The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Indeed, expenses as a percentage of revenue were 165.5%. Parkev Tatevosian owns shares of Walt Disney. All rights reserved. fuboTV's stock crashed after the company posted impressive revenue growth in Q3.