NYSE$FUBO
FuboTV Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported better-than-expected growth in subscribers, total revenue, and advertising revenue, all of which more than doubled year-over-year, and overcame typical seasonal revenue declines.
fuboTV's Q1 2021 was an inflection point, marked by significant growth in subscribers, revenue, and advertising revenue. The company overcame seasonal declines and is progressing towards profitability while investing in future growth.
- Total revenue grew by 135% year-over-year.
- Advertising revenue increased by 206% year-over-year.
- Subscribers grew by 105% compared to the previous year.
- Ended the quarter with $465 million in cash, cash equivalents, and restricted cash.
Headline financials
Revenue & EPS history
fuboTV · Revenue · Quarterly
$120M
Revenue by segment
fuboTV · $119M total across 2 segments · Q1 2021
- Subscription$106M+126.9%89.4%
- Advertising$12.6M+207.3%10.6%
Forward guidance
fuboTV is optimistic for the future and is increasing full year 2021 revenue guidance to $520-530 million and end-of-year subscribers guidance to 830,000-850,000.
Tailwinds
- Full year 2021 revenue is expected to be $520-530 million, representing a 101% increase year-over-year at the midpoint.
- End-of-year subscribers are projected to be 830,000-850,000, a 53% increase year-over-year at the midpoint.
- Full year 2021 net subscriber additions are expected to be at least 282,000.
- Second quarter revenue is guided to be $120-122 million, a 174% increase year-over-year at the midpoint.
- Second quarter subscriber guidance includes 600,000-605,000 subscribers, up 111% year-over-year at the midpoint.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-3.2%
Avg return
Earnings day
-5.6%
Avg return
5 days after
-1.8%
Avg return
30 days after
39%
13 / 33 earnings
Positive
+66.1%
Q1 2023
Best reaction
-28.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -15.9% | -19.9% | -23.1% | |
| Q4 2025 | -22.7% | -30.4% | -45.4% | |
| Q2 2025 | +0.0% | +1.6% | +8.4% | |
| Q1 2025 | -17.9% | -10.9% | +24.9% | |
| Q4 2024 | -13.9% | -12.5% | -17.6% | |
| Q3 2024 | -16.7% | -19.0% | -7.5% | |
| Q2 2024 | -5.3% | -3.8% | +26.0% | |
| Q1 2024 | -9.0% | -20.6% | -19.4% | |
| Q4 2023 | -10.6% | -16.4% | -23.7% | |
| Q3 2023 | +8.4% | +4.4% | +21.2% | |
| Q2 2023 | -19.0% | -25.2% | -17.4% | |
| Q1 2023 | +66.1% | +65.2% | +50.0% | |
| Q4 2022 | -17.7% | -27.2% | -52.2% | |
| Q3 2022 | +3.5% | -15.3% | -16.5% | |
| Q2 2022 | +18.8% | +24.0% | +15.8% | |
| Q1 2022 | -28.9% | -26.7% | -26.9% | |
| Q4 2021 | +4.7% | +6.7% | -13.0% | |
| Q3 2021 | -24.4% | -27.1% | -44.0% | |
| Q2 2021 | +13.9% | +3.2% | +4.2% | |
| Q1 2021 | +18.5% | +25.6% | +70.2% | |
| Q4 2020 | -12.0% | -22.7% | -42.1% | |
| Q3 2020 | +9.4% | +4.6% | +97.3% | |
| Q2 2020 | +2.1% | -1.4% | -14.6% | |
| Q1 2020 | -13.1% | +3.3% | -3.0% | |
| Q4 2019 | -4.9% | -14.6% | -5.7% | |
| Q3 2019 | -4.1% | -1.8% | -18.6% | |
| Q2 2019 | +0.5% | +0.5% | +32.9% | |
| Q1 2019 | -3.9% | -1.3% | -9.7% | |
| Q4 2018 | -4.3% | — | — | |
| Q3 2018 | +2.3% | — | — | |
| Q2 2018 | +2.4% | — | — | |
| Q1 2018 | -25.0% | — | — | |
| Q4 2017 | +12.9% | — | — | |
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