Financial PerformanceFubo reported total revenues up 20% year-over-year to $386 million, which drove significant operating and gross margin expansion.
Growth StrategyWith a recovering advertising market, tailwinds from political spending, and ongoing subscriber growth, Fubo should expand revenue by nearly 20% in 2024 while operating expenses rise by roughly 10%.
Product And Subscriber GrowthFubo is enhancing its offering by being a provider of add-on services without requiring a base subscription, which can help improve customer retention.