FuboTV Q1 Earnings Preview: Here's What You Need to Know
fuboTV (NYSE: FUBO) is set to report first-quarter earnings on Tuesday, May 11. The sports-first streaming content platform had a solid year in 2020 as people cooped up inside wanted more in-home entertainment options.
FuboTV is competing with some heavy hitters in the media industry with deeper pockets and more experience. Still, the sports focus may give enthusiasts enough reason to pick it over rivals when choosing a streaming alternative to cable TV. Ultimately, FuboTV will need to add many more subscribers for the business to be profitable, and that's why it's the metric you're going to want to follow most closely when the company reports earnings.
FuboTV has 547,880 paying subscribers. Images source: Getty Images.
Source Fool.com
