fuboTV to Announce Q1 2021 Financial Results on May 11, 2021
March 29 2021 - 8:00AM
Business Wire
fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV
streaming platform, announced today that it will issue financial
results for the first quarter 2021 after the market closes on May
11, 2021.
Following the release, fuboTV CEO David Gandler and CFO Simone
Nardi will host a live video webinar at 5:30 p.m. ET on May 11,
2021 to review these results and provide a brief business
update.
The company continues to be pleased with and confident in the
execution of its growth strategy and expansion into online sports
wagering, and looks forward to discussing its results in more
detail.
Instructions on how to access the May 11 call will be announced
in the coming weeks and will be posted on the company’s investor
relations website.
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. Through its cable TV
replacement product, fuboTV, subscribers can stream a broad mix of
100+ live TV channels, including 42 of the top 50 Nielsen-ranked
networks across sports, news and entertainment — more than any
other live TV streaming platform (source: Nielsen Total Viewers,
2020). fuboTV intends to add interactivity to its streaming
experience with the launch of a predictive free-to-play gaming app
in Q3 2021.
Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch
Fubo Sportsbook, a comprehensive sports and entertainment
experience through sports betting and interactive gaming, in Q4
2021, subject to obtaining requisite regulatory approvals.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based on the
current beliefs, expectations and assumptions of fuboTV and on
information currently available to fuboTV. The forward-looking
statements in this press release represent fuboTV’s views as of the
date of this press release. These statements may include, but are
not limited to, statements regarding future events or future
financial and operating performance, fuboTV’s growth strategy, the
anticipated launch of fuboTV’s predictive free-to-play gaming app
and the anticipated launch of Fubo Sportsbook. Although fuboTV
believes the expectations reflected in such forward-looking
statements are reasonable, fuboTV can give no assurance that such
expectations will prove to be correct. Forward-looking statements
may involve known and unknown risks, uncertainties and other
factors that may cause fuboTV’s actual results, performance or
achievements to be materially different from those expressed or
implied by the forward-looking statements, including but not
limited to, market and global economic conditions; fuboTV’s ability
to access debt and equity financing; changes in applicable laws or
regulations and fuboTV’s ability to operate a sportsbook and other
gaming-related products and services. Other important factors that
could cause fuboTV’s actual results to differ materially are
detailed in the caption titled “Risk Factors” in fuboTV’s Annual
Report on Form 10-K and the other reports fuboTV files with the
Securities and Exchange Commission, copies of which are available
on the Securities and Exchange Commission’s website at www.sec.gov
and are available from fuboTV without charge. However, new risk
factors and uncertainties may emerge from time to time, and it is
not possible to predict all risk factors and uncertainties.
Accordingly, readers are cautioned not to place undue reliance on
these forward-looking statements. Except as required by applicable
law, fuboTV does not plan to publicly update or revise any
forward-looking statements contained herein, whether as a result of
any new information, future events, changed circumstances or
otherwise. No representations or warranties (expressed or implied)
are made about the accuracy of any such forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20210329005170/en/
Media Contacts: Jennifer L. Press jpress@fubo.tv
Katie Minogue kminogue@fubo.tv
Investor Contact: The Blueshirt Group for fuboTV
ir@fubo.tv
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