Shares of fuboTV Inc. were off 1% in after-hours trading Wednesday after the streaming company delivered revenue ahead of what it had been expecting when it delivered preliminary results a month earlier but also issued a mixed outlook.
The company reported a fourth-quarter net loss of $112.0 million, or 76 cents a share, compared with a loss of $195.3 million, or $2.47 a share, in the year-earlier quarter.
FuboTV
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reported revenue of $231 million, which included $26.1 million in advertising revenue. Analysts tracked by FactSet were projecting $213.3 million in revenue.
The company previously issued preliminary results in early January. At the time, fuboTV expected to report $215 million to $220 million in total revenue and over $25 million in advertising revenue.
FuboTV said in its release that it closed out…
