fuboTVNYSE: FUBO

This stock is down 95% in the past 3 years.

Shares of fuboTV took a dive on November 1st after management announced results for the third quarter of the 2024 fiscal year. This came amidst worse-than-expected results in North America, though the business did grow nicely, and it's getting closer to profitability. Until FUBO can get its house in order, which is something it is making nice progress toward, it's a risky play.

fuboTV Inc. (NYSE:FUBO ) Q3 2024 Earnings Call Transcript November 1, 2024 8:30 AM ET Company Participants Ameet Padte - SVP, IR David Gandler - Co-Founder and CEO John Janedis - CFO Conference Call Participants Laura Martin - Needham Alicia Reese - Wedbush Darren Aftahi - ROTH Operator Ladies and gentlemen, thank you for standing by. My name is Desiray, and I will be your conference operator today.

FuboTV Inc. (FUBO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.22 per share a year ago.

These stocks have all lost more than 80% of their value in the past five years.

Neither has performed well this year, but one of them remains a good long-term bet.

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on September 27, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 75,512 shares of its common stock to eight new employees to induce them to join Fubo. The awards were granted under Fubo's 2024 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period fol.

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the third quarter 2024 before the market opens on November 1, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, November 1, 2024 Start Time: 8:30 a.m.

FuboTV is chipping away at its losses, predicting a swing to profitability by next year. Even if it is able to work its way out of the red and into the black, however, it's still competing with bigger, deeper-pocketed companies.