Here Is fuboTV's Most Bullish Metric
In just six years, sports-first streaming-platform fuboTV (NYSE: FUBO) went from zero subscribers to 1 million. Even just over a year ago, at the end of the tech company's second quarter, fuboTV's subscriber base was much smaller than it is today, at just 286,000.
The company's surging subscriber growth is certainly impressive and a good reason for investors to be optimistic about the company's long-term potential. But even this notable figure doesn't fully capture fuboTV's business momentum.
There's an even more promising metric for fuboTV investors to be excited about the future: the company's triple-digit advertising-sales growth. In Q3 specifically, advertising revenue rose 147% year over year.
Source Fool.com