Pay-TVproviderFuboposted mixed fourth-quarter results and highlighted its pending acquisition byDisneyduring a conference call with Wall Street analysts.
Net losses per share narrowed to 2 cents from 18 cents in the year-earlier quarter.
The top-line figure lagged behind analysts consensus forecast but the company beat expectations on the bottom line.
FuboCourtesy
Fubo and Hulu Live will together be the No.
The Disney deal was part of a settlement of Fubos antitrust lawsuit against Disney, Fox and Warner Bros.
Discovery, who came together to create the streaming serviceVenu Sports.
We will continue to provide periodic updates as the transaction progresses.
Were continuing to run our business in the ordinary course.
We have a relationship.
The service will aim to fulfill the original mission of Fubo.