The stock is down a huge 86% over the last six monthsBuy-the-dip takes on new meaning with such a significant fall. Where exactly is the dip? At least, now with FUBO, you know the downside is limited to a $5 loss per share as. So when if ever is it time to buy FUBO?
Revenue is expected to show continued improvement to $242.6 million. This would represent a growth rate of over 100% year on year. Earnings per share is due to come in at $-0.53. The problem for FUBO is not on the revenue side, though, it is on the cost basis. Revenue has ballooned from $5.8 million in September 2019 to $231 million by the end of December 2021. However, in the same time period operating income has gone from a $7 million loss to a $106 million loss.
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