Previous close | 0.0800 |
Open | 0.0800 |
Bid | 0.0600 |
Ask | 0.0700 |
Strike | 5.00 |
Expiry date | 2022-08-19 |
Day's range | 0.0500 - 0.1100 |
Contract range | N/A |
Volume | |
Open interest | 1.99k |
Shares of live-sports streaming platform fuboTV (NYSE: FUBO) soared on Friday after it reported financial results for the second quarter of 2022 and said it was considering strategic options. In Q2, fuboTV generated revenue of $222 million, up 70% year over year. Subscription average revenue per user (ARPU) was only up a modest 2% from the prior-year period.
fuboTV Co-Founder and CEO David Gandler sits down with Yahoo Finance Live to break down the streaming platform's second-quarter earnings, its growth plan for gaming and sports betting, and the outlook on future partnerships.
It turns out that building a sports wagering business in-house requires more cash than this market has the patience for.