10:52 AM EDT, 05/03/2024 (MT Newswires) -- FuboTV ( FUBO ) reported Q1 adjusted loss Friday of $0.11 per share, narrowing from a loss of $0.27 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.15.

Revenue for the quarter ended March 31 was $402.3 million, up from $324.4 million a year earlier.

Analysts surveyed by Capital IQ expected $381.3 million.

For North America, Fubo expects revenue of $357.5 million to $367.5 million for Q2, and $1.525 billion to $1.545 billion for 2024, compared with $1.505 billion to $1.525 billion previously.

Shares of the company fell more than 7% in recent trading.

Price: 1.44, Change: -0.11, Percent Change: -7.10