NYSE$FUBO
FuboTV Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
FuboTV achieved record revenue and subscriber growth, exceeding expectations.
fuboTV delivered a record fourth quarter, exceeding $100 million in revenue for the first time. The company also saw growth across all key performance indicators: revenue, average revenue per user (ARPU), advertising average revenue per user (ad ARPU), contribution margin and paid subscribers.
- Total subscribers reached 547,880, a 237% year-over-year increase.
- Net subscriber additions were 92,800 in Q4.
- Users streamed over 544.9 million hours in 2020, an 82% year-over-year increase.
- Annual ARPU reached $754, a 17% increase year-over-year.
Headline financials
Revenue & EPS history
fuboTV · Revenue · Quarterly
$105M
Revenue by segment
fuboTV · $222M total across 2 segments · Q2 2023
- Subscription$199M-1.5%89.7%
- Advertising$22.8M+5.1%10.3%
Forward guidance
fuboTV provided revenue guidance of $101-$103 million for Q1 2021, representing 98-102% year-over-year growth. Subscriber guidance for Q1 2021 is 520,000-530,000, representing 81-84% year-over-year growth. Full-year revenue guidance was increased to $460-$470 million, up 76-80% year-over-year, with total year-end subscribers guided to 760,000-770,000, an increase of 39-41% year-over-year.
Tailwinds
- Revenue guidance of $101-$103 million for Q1 2021
- Subscriber guidance for Q1 2021 is 520,000-530,000
- Full-year revenue guidance was increased to $460-$470 million
- Total year-end subscribers guided to 760,000-770,000
- Plan to accelerate the investment in our team and further build our product development to grow our business and expand into wagering
Headwinds
- Q1 has been softer than Q4, when viewed sequentially, on revenue and contribution margin.
- Q1 2021 revenue guidance takes this seasonality into account with revenue of $101-$103 million. This would represent growth of 98-102% year-over-year and a sequential decline of 2-4% quarter-over-quarter.
- Q1 2021 subscriber guidance includes 520,000-530,000 subscribers. This would represent growth of 81-84% year-over-year and a sequential decline of 3-5% quarter-over-quarter.
- Guidance does not include any projected revenues from online sports wagering.
- Company will accelerate the investment in our team and further build our product development to grow our business and expand into wagering
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 Q4 2020
-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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