fuboTV to Announce Q3 2021 Financial Results on November 9, 2021

Rhea-AI Summary

fuboTV Inc. (NYSE: FUBO) will announce its third quarter 2021 financial results on November 9, 2021, after market close. The CEO, David Gandler, and CFO, Simone Nardi, will discuss the results during a live video webcast at 5:30 p.m. ET on the same day. Investors can access the webinar via fuboTV's investor relations website and submit questions ahead of time. Notably, fuboTV is focused on becoming a leader in interactive sports streaming and will launch the Fubo Sportsbook in Q4 2021, pending regulatory approvals.

Positive

• FuboTV is set to launch Fubo Sportsbook in Q4 2021, integrating sports betting with its streaming service.
• The company focuses on interactive television, enhancing user engagement and experience.

Negative

• There are significant risks and uncertainties associated with fuboTV's forward-looking statements.
• Challenges in profitability and retaining subscribers may impact future financial performance.

NEW YORK--(BUSINESS WIRE)-- fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today that it will issue financial results for the third quarter 2021 after the market closes on November 9, 2021.

Following the release, fuboTV CEO David Gandler and CFO Simone Nardi will host a live video webcast at 5:30 p.m. ET on November 9, 2021 to review results and provide a brief business update.

The live webinar will be available on the Events page of fuboTV’s investor relations website beginning at 5:30 p.m. ET. An archived replay will be available on fuboTV’s website following the webinar. Participants should join the webinar 10 minutes in advance to ensure that they are connected prior to the event.

Investors can submit questions in advance to ir@fubo.tv with the email subject “Q3 2021 Earnings.”

About fuboTV

With a mission to provide the world’s most thrilling sports-first live TV experience through the greatest breadth of premium content, interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO) is focused on bringing to life its vision of a streaming platform that transcends the industry’s current virtual MVPD model. fuboTV Inc. operates in the U.S., Canada and Spain.

Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive television. Through its cable TV replacement product, fuboTV, subscribers can stream a broad mix of 100+ live TV channels, including 74 of the top 100 Nielsen-ranked networks across sports, news and entertainment — more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). Subscribers can interact with fuboTV’s live streaming experience through predictive free-to-play games, which are integrated into select sports content.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch Fubo Sportsbook, a next-generation mobile sportsbook purpose-built to integrate with fuboTV, in Q4 2021, subject to obtaining requisite regulatory approvals.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our financial condition, anticipated financial performance, market opportunity, business strategy and plans, the continued shift in consumer behavior and the expected launch of Fubo Sportsbook. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that fuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to the Company’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021 filed with the Securities and Exchange Commission (“SEC”) on August 11, 2021 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. fuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing fuboTV’s views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211018005098/en/

Investor

Alison Sternberg, fuboTV

asternberg@fubo.tv

The Blueshirt Group for fuboTV

ir@fubo.tv

Media

Jennifer L. Press, fuboTV

jpress@fubo.tv

Bianca Illion, fuboTV

billion@fubo.tv

Source: fuboTV Inc.

FAQ

When will fuboTV release its Q3 2021 earnings?

fuboTV will release its Q3 2021 earnings after market close on November 9, 2021.

What time is the fuboTV Q3 2021 earnings webcast?

The fuboTV Q3 2021 earnings webcast will be held at 5:30 p.m. ET on November 9, 2021.

What is Fubo Sportsbook and when will it launch?

Fubo Sportsbook is a mobile sportsbook being developed by fuboTV, expected to launch in Q4 2021, pending regulatory approvals.

Who will present the financial results during the fuboTV earnings call?

CEO David Gandler and CFO Simone Nardi will present the financial results during the earnings call.

What does fuboTV focus on in its business model?

fuboTV focuses on providing an interactive sports-first live TV experience through a broad range of premium content.