fuboTV to Announce Q1 2022 Financial Results on May 5, 2022
April 14 2022 - 9:00AM
Business Wire
fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV
streaming platform, today announced that it will issue financial
results for the first quarter 2022 after the market closes on May
5, 2022.
Following the release, fuboTV CEO David Gandler and CFO John
Janedis will host a live video webcast at 5:30 p.m. ET 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 “Q1 2022 Earnings.”
About fuboTV
With a mission to build the world’s leading global live TV
streaming platform with the greatest breadth of premium content,
interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO)
aims to transcend the industry’s current TV model. fuboTV Inc.
operates in the U.S., Canada, France 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 sports and entertainment television. The
company's sports-first cable TV replacement product, fuboTV, offers
U.S. subscribers more than 100 live sports, news and entertainment
networks and is the only live TV streaming platform with every
Nielsen-rated sports channel (source: Nielsen Total Viewers, 2021).
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., launched Fubo
Sportsbook, a next-generation mobile sportsbook purpose-built to
integrate with fuboTV, in 2021.
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, and the expected continued rollout of Fubo
Sportsbook. The words “could,” “will,” “plan,” “intend,”
“anticipate,” “approximate,” “expect,” “potential,” “believe” 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 fuboTV’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 Annual Report on Form 10-K for the
full year ended December 31, 2021 filed with the Securities and
Exchange Commission (“SEC”) on March 1, 2022 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220414005052/en/
Investor Contacts Alison Sternberg, fuboTV
asternberg@fubo.tv JCIR for fuboTV ir@fubo.tv Media Contacts
Jennifer L. Press, fuboTV jpress@fubo.tv Bianca Illion, fuboTV
billion@fubo.tv
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