FuboTV Shares Skyrocket: Losses Dip, Revenue Soars, and Subscriber Prediction Increases Beyond Expectations!
FuboTV Inc., a live TV streaming platform, saw its shares jump by 8.9% in premarket trading following its impressive first-quarter report that exceeded expectations. Alongside this, the platform raised its full-year subscriber outlook and provided a positive liquidity view. During Q1 of 2021, FuboTV’s net losses narrowed to $86.4 million, equivalent to 37 cents a […]
Avnet Stock Soars 3%: Earnings & Revenue Skyrocket, Surpassing Expectations
Electronics company Avnet Corp. delivered results that exceeded analyst expectations for its third-quarter revenue and earnings. Shares in the company rose 3% as Avnet reports net income of $187.4 million at $2.03 per share, compared to a net income of $183.4 million from the previous year’s quarter. With adjusted earnings at $2.05 a share, revenue […]