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FuboTV Shares Fall After Fiscal Q2 Net Loss Report

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FuboTV (FUBO) shares fell more than 8% in Wednesday trading after the company reported a fiscal Q2 net loss.

The company reported a fiscal Q2 net loss of $0.07 per diluted share.

The company did not provide prior-year figures for comparison.

Four analysts polled by FactSet expected a loss of $0.35.

Revenue for the quarter ended March 31 was $1.57 billion, compared with $1.56 billion a year earlier.

Analysts surveyed by FactSet expected $1.58 billion.

Price: $11.41, Change: $-1.00, Percent Change: -8.02%

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