Streaming Provider FuboTV Raises $183 Million In IPO Ahead Of NYSE Debut

In 2019, fuboTV said revenues reached $146.5 million, up 96% from the previous year, although the company’s net loss were $129.3 million. In the first six months of 2020, fuboTV said it earned $51.5 million in revenue, with net losses reaching $129.9 million.

Shares in fuboTV are set to begin trading on the New York Stock Exchange on Thursday under the symbol “FUBO.” The shares have been trading on over-the-counter (OTC) markets under the same symbol following the FaceBank merger.