- fuboTV delivered a highly disappointing Q1 card as it missed both lines. It also revised its FY22 guidance, given weaker ad spending and potentially higher churn metrics.
- fuboTV also saw its gross margins fall into the red, as it had to deal with higher content costs. Given its scale, fuboTV is highly susceptible to cost increases.
- We revise our rating from Hold to Sell. We updated investors on why we unsubscribed in March. We urge investors still around to unsubscribe from fuboTV.
For further details see:
fuboTV: Move On And Never Look Back - Unsubscribe 2.0