fuboTV preliminary Q3 NA revenue at least $210M (+34% YoY), subs >1.22M; dissolves Fubo Gaming

FuboTV Inc.

2022-Q3 EPS reported -$2.32 revenue$688,722,000

NA revenue at least $210M (+34% YoY) and paid subs >1.22M (+27% YoY); prior guidance $200-205M and 1.135-1.155M subs.
ROW revenue at least $5.5M with ~350K subs; prior guidance $5-6M and 340-360K subs.
Adj EBITDA expected approximately -$100M; cash and equivalents at least $300M.
Board approved dissolution of fubo Gaming; Fubo Sportsbook ceases immediately.
Non-cash impairment of ~$70M expected from market access agreements; additional cash charges possible.

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